OMEGA Expands the Speedmaster 38 mm Collection with Seven New References

OMEGA brings the Speedmaster 38 mm closer to the legendary Moonwatch with seven new references, refined subdials, thicker bezels, new colours and Moonwatch-inspired five-link bracelets.

The OMEGA Speedmaster 38 mm receives seven new references for 2026, bringing the collection even closer to the design codes of the legendary Moonwatch while retaining the compact proportions and refined character that distinguish this version of OMEGA’s iconic chronograph.

Rather than completely redesigning the collection, OMEGA has focused on carefully considered details. The most immediately noticeable change is the adoption of rounded subdials, replacing the oval-shaped counters found on previous Speedmaster 38 mm models. The new proportions give the watches a sportier appearance while creating a stronger connection with the traditional Speedmaster aesthetic.

The dials have also been simplified, with less wording allowing the different colours and finishes to take greater prominence. At the same time, the bezels return to a thicker profile and feature the distinctive Dot-Over-Ninety detail on the tachymeter scale, a characteristic strongly associated with the Moonwatch.

Completing the update is a new five-link stainless-steel bracelet inspired by the Moonwatch, with the central links either polished or brushed depending on the reference. The result is a Speedmaster 38 mm that feels more closely connected to its famous professional sibling while retaining the more compact dimensions and refined character that define the collection.

The seven new references cover three stainless-steel models, two bicolour versions combining steel with either 18K Moonshine™ Gold or 18K Sedna™ Gold, and two diamond-set versions featuring either an ice blue or white mother-of-pearl dial.

OMEGA Speedmaster 38 mm: Inspired by the Moonwatch

The relationship between the Speedmaster 38 mm and the Moonwatch has always been central to the collection. OMEGA describes the 38 mm range as being built around the same Speedmaster DNA while placing greater emphasis on size, colour and simplicity.

The new generation pushes that philosophy further. The black-dial reference in particular represents the purest interpretation of the Moonwatch-inspired concept within the new range, combining a black aluminium bezel, black matte-finished dial and white Super-LumiNova with the absence of a date display.

This is also the only one of the seven new watches to use the Calibre 3332. The remaining six references are equipped with the Calibre 3330 and include a date display at 6 o’clock.

The choice gives the collection an interesting internal hierarchy: one model deliberately strips the design back to a cleaner, more traditional Speedmaster expression, while the other six explore different combinations of colour, precious metals and diamonds.

Two Co-Axial Calibres

At the mechanical heart of the new collection are two self-winding OMEGA Co-Axial movements.

The six date-equipped references use the OMEGA Co-Axial Calibre 3330, while the black-dial reference without a date is powered by the Calibre 3332.

Both movements provide a 52-hour power reserve, while the watches retain the mechanical character expected from the Speedmaster family. The caseback is fitted with a Seahorse medallion, a longstanding OMEGA symbol that reinforces the connection with the brand’s heritage.

The movements are also equipped with a column-wheel chronograph, Co-Axial escapement and Si14 silicon balance spring, according to OMEGA’s product information for the collection.

Black Dial: The Purest Moonwatch-Inspired Version

The black reference, 324.30.38.50.01.002, is arguably the clearest expression of the direction OMEGA has taken with the new collection.

Its black varnished matte dial uses rounded subdials and dispenses entirely with the date window. White-lacquered hands and white Super-LumiNova create a strong contrast, keeping the display immediately legible.

The polished bezel surrounds a black aluminium ring with the Speedmaster’s tachymeter scale and the iconic Dot-Over-Ninety detail.

Inside, the watch uses the Calibre 3332, making it the only new reference without a date. In Portugal, the recommended retail price is €6,600, including VAT.

Its stainless-steel bracelet combines brushed outer rows with smaller polished central links and incorporates OMEGA’s comfort adjustment system.

For enthusiasts looking for the most restrained and Moonwatch-oriented version of the new Speedmaster 38 mm collection, this is arguably the reference that best captures that brief.

Technical Specifications

White Dial: A Brighter Contemporary Take

Reference 324.30.38.50.04.001 introduces a considerably brighter personality.

The lacquered white dial is framed by a polished stainless-steel bezel with a blue ceramic ring and a white enamel tachymeter scale. The blue colour continues onto the CVD-coated hands and indexes, while the same tone appears in the numerals of the date window.

The rounded subdials and trapezoidal date aperture at 6 o’clock give the watch a distinctive appearance within the collection, while the polished stainless-steel case reinforces its more contemporary character.

Powered by the Calibre 3330, this reference offers the date function that is absent from the black model.

Its recommended retail price in Portugal is €7,100, including VAT.

Technical Specifications

Silvery Opaline: A Warmer Steel Option

Reference 324.30.38.50.02.003 takes the Speedmaster 38 mm in a more sophisticated direction.

Its opaline silvery PVD dial is complemented by rounded subdials and a trapezoidal date window. Sedna™ Gold PVD is used for the hour and minute hands, indexes and small-seconds hand, all receiving a polished diamond-cut finish.

The chronograph seconds hand and the hands within the 3 and 6 o’clock subdials are finished in warm grey, creating a layered colour combination without making the dial feel overly busy.

The polished bezel is paired with a warm-grey aluminium ring carrying the tachymeter scale and Dot-Over-Ninety detail.

This reference is priced at €6,700 in Portugal and is powered by the Calibre 3330.

Technical Specifications

Moonshine™ Gold: A More Luxurious Expression

The first bicolour model, reference 324.20.38.50.02.001, combines stainless steel with 18K Moonshine™ Gold.

Its opaline silvery PVD dial maintains the rounded subdial configuration and trapezoidal date window of the date-equipped models, but the use of Moonshine™ Gold gives the watch a considerably warmer and more luxurious character.

The polished 18K Moonshine™ Gold bezel is paired with a green aluminium bezel ring, complete with the Dot-Over-Ninety detail and a yellow-gold tachymeter scale.

Moonshine™ Gold also appears on the crown and chronograph pushers, while the hands and indexes receive the same precious-metal treatment.

The bracelet continues the bicolour theme with small central links crafted from 18K Moonshine™ Gold.

Powered by the Calibre 3330, the reference is priced at €11,700 in Portugal.

Technical Specifications

Sedna™ Gold: The Cappuccino-Inspired Model

The second bicolour reference, 324.20.38.50.02.002, takes a noticeably warmer approach through the use of 18K Sedna™ Gold.

Its ivory PVD dial is combined with rounded brown PVD subdials, creating the distinctive “cappuccino” aesthetic associated with the Speedmaster 38 mm collection.

The polished 18K Sedna™ Gold bezel is matched with a brown aluminium ring carrying the Dot-Over-Ninety detail and a grey tachymeter scale. The crown and chronograph pushers are also produced in 18K Sedna™ Gold.

The hands and indexes receive Sedna™ Gold PVD treatment with diamond-polished finishing, while white Super-LumiNova provides contrast and legibility.

The stainless-steel bracelet incorporates small central links in 18K Sedna™ Gold and OMEGA’s comfort adjustment system.

Like the Moonshine™ Gold model, it is powered by the Calibre 3330 and is priced at €11,700 in Portugal.

Technical Specifications

52 Diamonds: Ice Blue and Mother-of-Pearl

The final two references take the Speedmaster 38 mm into a more jewellery-oriented direction, with both featuring 52 diamonds set into the bezel.

The first, reference 324.15.38.50.05.001, combines a white mother-of-pearl dial with a polished diamond-set bezel. The natural variation of the mother-of-pearl creates a softer and more dynamic surface as it catches the light.

Rhodium-plated hands and indexes receive a polished diamond-cut finish, while white Super-LumiNova maintains legibility. The model uses the Calibre 3330 and features a date display at 6 o’clock.

In Portugal, the recommended retail price is €13,100.

Technical Specifications

The second diamond-set model, reference 324.15.38.50.03.001, replaces the mother-of-pearl with an ice blue PVD dial.

The cool blue tone gives the watch a brighter and more contemporary character, while the 52-diamond bezel creates a stronger jewellery aesthetic. Rhodium-plated hands and indexes maintain the same treatment as the mother-of-pearl model.

This reference is also powered by the Calibre 3330 and is priced at €12,300 in Portugal.

Technical Specifications

The Speedmaster 38 mm Gets a Stronger Identity

With these seven references, OMEGA has not attempted to reinvent the Speedmaster 38 mm. Instead, the brand has concentrated on strengthening the collection’s relationship with the Moonwatch while giving each individual model a more defined personality.

The rounded subdials are perhaps the most important visual change. Combined with cleaner dials and thicker bezels, they give the watches a more cohesive and unmistakably Speedmaster appearance.

The return of the Dot-Over-Ninety detail is another significant touch. It may be a small element, but for Speedmaster enthusiasts, details such as this help establish the connection with the historic models that inspired the Moonwatch.

The new five-link bracelets reinforce that relationship from another angle. Their polished and brushed surfaces create a more refined appearance, while the precious-metal links used on the bicolour references add another layer of differentiation.

Final Thoughts

The new OMEGA Speedmaster 38 mm references represent a carefully judged evolution of the collection rather than a radical departure.

By introducing rounded subdials, simplifying the dials, returning to thicker bezels and bringing back the Dot-Over-Ninety detail, OMEGA has made the connection with the Moonwatch more obvious than before.

Yet the Speedmaster 38 mm remains its own proposition. Its smaller dimensions, broader use of colour and variety of materials allow it to occupy a different position within the Speedmaster family.

The seven new references make that distinction particularly clear. From the €6,600 black steel model to the €13,100 diamond-set mother-of-pearl version, the collection now offers very different interpretations of the same underlying design.

For enthusiasts who have always appreciated the Speedmaster but prefer a more compact case, the latest update makes the Speedmaster 38 mm an even more compelling alternative — one that carries more of the Moonwatch’s visual DNA while retaining its own refined identity.

OMEGA’s decision to evolve the collection through details rather than dramatic changes also feels appropriate. The Speedmaster is a design with an enormous heritage, and these new references show that even relatively small adjustments can significantly alter its character.

For more information, please visit the official Omega website.

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