Later models
In 1968, American insurance salesman Ralph Plaisted and three companions were the first confirmed expedition to reach the North Pole on snowmobiles. The team successfully used the same reference 145.012 Omega Speedmasters as the Apollo program along with sextants for navigation.
Also in 1968, Omega transitioned the caliber 321 movement to the new caliber 861, also designed by Albert Piguet, with the introduction of the reference 145.022 Speedmaster. The 861 was very similar to the 321, but replaced its column wheel switching mechanism with a cam and increased the beat rate from 18,000 to 21,600 vibrations per hour. Most Speedmaster Professional watches from 1968 to the present have used variants of this movement, including the modern rhodium-plated caliber 1861 and decorated exhibition calibers 863 and 1863. A standard Speedmaster Professional model with Plexiglas crystal, solid caseback with anti-vibration and anti-magnetic dust cover, tachymeter scale, without date or day complications, and powered by a caliber 861-based movement has been continuously produced since. The tritium-powered phosphorescent lume on the hands and index markers of the original watches were replaced at the end of the 1990s with non-radioactive pigments, but the fundamental design, dimensions, and mechanism of these watches have remained unchanged. In this form, the basic Speedmaster line has remained flight-qualified for NASA space missions and EVAs, after re-evaluation by NASA in 1972 and for use in the Space Shuttle program in 1978. The current such model is reference 311.30.42.30.01.005 (since 2014).[34]
Omega has produced a large number of commemorative and limited edition variants of the basic "Moon watch" design, celebrating important anniversaries and events, emblazoned with the different patches for the space missions it was issued for, or evoking its motor sport roots with various racing patterns. It has also released many models made with various precious metals, jewels, and alternative dial colors for the luxury market.
Over the years, Omega has also sought to improve functional aspects of the basic Speedmaster Professional. In 1969, it produced the Speedmaster Professional Mk II, with shrouded lugs and a flat, anti-reflective mineral glass crystal. In 1970, Omega launched the Alaska Project under Pierre Chopard, which changed the dial of the original Speedmaster Professional from black to white and created a removable anodized aluminum housing to shield the watch from a wider range of temperatures.[35] In 1971 and 1973, Omega turned to automatic mechanisms on the Speedmaster Automatic MkIII and MkIV models alongside Speedsonic Electronic Chronometer Chronograph (marketing as a Speedmaster) other non-Speedmaster Chronographs such as the Omega Bullhead. However, none of these proved as popular or long-lasting as the basic Speedmaster Professional "Moon watch". A variety of other types of watches have used the Speedmaster brand, including many different automatic day and day-date models, the tuning fork movement Speedsonic line, and the digital LCD Speedmaster Quartz (the Speedsonic and LCD Speedmaster where also prototyped in ten examples each under the Alaska project but not taken up by NASA). The digital-analog Speedmaster X-33 was produced in 1998; it was qualified for space missions by NASA and flown on the Mir space station and Space Shuttle Columbia during STS-90 later that year.
In September 2019, Omega introduced a reissue of the calibre 321. The new calibre 321 was designed to replicate the same mechanism and design as the original 321. The new calibre was manufactured with modern metals and computer-aided manufacturing in a designated workshop.
Most recently, in January 2021, Omega announced it would update the standard-production Speedmaster Professional with a new movement and a subtle design refresh, including a step dial and dot-over-90 bezel. Calibre 1861 has been officially discontinued, replaced with calibre 3861, featuring a co-axial escapement and Master Chronometer certification.[36]