Panerai released two new models recently -- Panerai Radiomir Black Seal Composite PAM 505 & Panerai Radiomir Black Seal Composite PAM 505.
Both of these models feature a "Radiomir" style case made from Panerai's "composite" case material. The finish on the cases is a flat pencil grey/black. Both models are said to contain a Panerai in-house movements - The PAM 505 with a hand-wound caliber P.3000 (3-day power reserve/double barrel) and the PAM 504 with he PAM 505 has an automatic movement, Panerai P.9000, with date function.
Here are some of the initial photos that were released recently by Monochrome:
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