Raketa 24 hour watch. Raketa watches have been manufactured since 1961 by the Petrodvorets factory in St. Petersburg, Russia. The watch factory named their watches rocket in commemoration of Yuri Gargarins first trip into space. They are totally mechanical. And the dial starts at the top with 24 hours midnight. Both these factors and their ability to rust at the slightest hint of moisture, keep you on your toes, when telling time. This is a older version. The new ones are probably quite water tight!