Omega just added 7 new 38 mm Speedmasters to its lineup
Omega just added new 38 mm Speedmaster references—seven in all—to its lineup, answering demand for smaller chronographs with stainless-steel, two-tone, and diamond-set options. The headline model pairs a black dial and dot-over-90 bezel with round subdials, no date, and the exclusive Co-Axial Calibre 3332. Pricing starts at $6,500.
Small watch fans, rejoice. After hinting at the direction with its 2025 Milano Cortina editions, Omega has fully refreshed the Speedmaster 38 collection. The update arrives as the industry continues shifting away from oversized cases toward proportions closer to mid-century norms—well under 40 mm.
For collectors building a luxury lifestyle—from curated Luxury Real Estate & Dream Homes to statement timepieces—the release signals that heritage brands are betting big on wearability without sacrificing icon status.
Key Takeaways
- Omega unveiled seven new Speedmaster 38 references, replacing the outgoing lineup.
- A black-dial steel model with round subdials and Calibre 3332 is the closest yet to a small-size Moonwatch.
- The collection spans stainless steel, two-tone Sedna Gold, and diamond-set configurations from $6,500.
- CEO Raynald Aeschlimann calls 38 mm Omega's most versatile size for casual and formal wear.
- Earlier oval-subdial designs pushed the line dressier; the refresh leans back toward Moonwatch tradition.
Why did Omega refresh the Speedmaster 38 now?
Omega introduced the original Speedmaster 38 in 2017 as a scaled-down take on its famous 42 mm chronograph. That first generation featured horizontal oval subdials, a dual-color tachymeter bezel, and a date window at six o'clock, powered by the Co-Axial Calibre 3330.
Late 2025's Milano Cortina editions changed the conversation. Those watches used traditional round subdials and a Moonwatch-style tachymeter bezel, looking like diminutive versions of the space-going chronograph Buzz Aldrin wore on the Moon. Black- and silver-dial follow-ups kept the dual-color bezel but moved even closer to a true mini Moonwatch.
According to Robb Report, the seven new references underscore continued appetite for smaller watches—and for a smaller Speedmaster in particular.
What makes one model stand out from the rest?
While earlier Speedmaster 38 models—with diamond bezels, precious metals, and colorful dials—pushed the collection into dressier territory, Omega clearly believes there is room at this size for something more explicitly rooted in the line's tradition.
The standout reference pairs a stainless-steel lyre-lug case with a five-link bracelet, a black "dot-over-90" tachymeter bezel, and a black dial featuring recessed round subdials and no date window. It uses an exclusive movement, the Co-Axial Calibre 3332, making it the closest thing collectors have ever seen to a small-size Moonwatch.
Alongside that model, the refreshed lineup includes new stainless-steel, two-tone, and diamond-set executions, streamlining the collection across metals and configurations without compromising its identity.
Who is Omega targeting with the smaller Speedmaster?
Raynald Aeschlimann, Omega's C.E.O., describes 38 mm as "the most versatile size that we have in terms of clientele, in terms, really, of casual and formalwear." He notes that shoppers are walking into boutiques specifically looking for a Speedmaster in those proportions.
The appeal now stretches beyond horology enthusiasts and space-history fans. "I think it's for the more fashion-oriented guys or ladies," Aeschlimann says, emphasizing that size matters—but so do "all the details of the watch, the proportion, and they wear it with pride."
With prices from $6,500, the new generation broadens the Speedmaster's reach while anchoring one reference firmly in Moonwatch DNA. For luxury buyers who treat watches as part of a broader collector lifestyle, the update offers a credible smaller alternative to the classic 42 mm icon.