In 1954 Rolex launched their first specialized diving watch known as "The Rolex Submariner." Rolex worked with legendary French explorer and aquanaut Jacques-Yves Cousteau to test early prototype Rolex Submariner watches. The Submariner became commercially available after it was introduced at the Basel Fair Show in 1954.
In 1954 Rolex introduced another radical, avant-garde "tool watch" known as the GMT-Master. The GMT-Master had all the usual Rolex features including a watertight Oyster case, Perpetual movement, and luminous hands and markers, but added a 24-hour hand designed to keep time in a second time zone. Also, it features a rotatable 24-hour bezel which was luminous. The GMT-Master was originally designed for Pan American Airways pilots and navigators and for world travelers.