The Co-Axial Escapement is an innovative mechanism in watchmaking, designed to improve the precision and longevity of mechanical watches. Invented by English watchmaker George Daniels in 1974, it represents a significant advancement over the traditional Swiss lever escapement. The Co-Axial Escapement reduces friction between the components, which is a common issue in conventional escapements. This reduction in friction is achieved through a unique design that utilizes a three-level coaxial wheel system, allowing for a more direct transfer of energy. As a result, the need for lubrication is minimized, enhancing the movement's durability and accuracy over time.

The Co-Axial Escapement operates by using a combination of radial and lateral impulses, which decreases the sliding friction that typically occurs in the pallet fork and escape wheel interaction. This design not only extends the service intervals of the watch but also maintains consistent timekeeping performance. Omega, a renowned Swiss watch brand, adopted this technology in the late 1990s, further refining it for mass production. The Co-Axial Escapement is celebrated for its contribution to the evolution of horology, offering watch enthusiasts a blend of traditional craftsmanship and modern engineering excellence.