
The new design was based on double Co-Axial escape wheel, a lever with three pallet stones and impulse stone on the balance roller, together with a free sprung-balance. The Co-Axial system reduces sliding friction compared with the traditional lever escapement and can work with virtually no lubrication. This was done by reducing sliding friction and converting it into rolling friction. Essentially as traditional lever design has a part of its movement "brush" against another part pushing it, while the Co-Axial escapement replaces this "brushing motion" with a "pushing" motion. The end result is less contact resulting in less friction.
This reduces wear and tear, ensures greater accuracy over time and also reduces the amount of servicing the watch movement needs. As part of its marketing, Omega gives its watches with Co-Axial escapements a three year warranty, as against the two year warranty of its other watches.
When initially released Co-Axial escapement watches produced the same 28,800 vibrations per hour (vph) produced by other high end watch movements. This was later reduced to 25,200.
The disadvantages of the Co-Axial escapement it its higher cost and the need for a very high level of precision in the manufacture of its component parts and their assembly.

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