Monterey Watch Co has announced its latest timepiece, the Outer Banks Diver (OBX), which is scheduled to arrive this June. Positioned as the brand's new entry-level diver, the OBX is inspired by classic "milsub" designs and features professional specifications. It will be available for $269 when using the brand's current promotional code. The Outer Banks Diver is housed in a 40.5mm 316L stainless steel case with a height of 12mm and a lug width of 20mm. It is powered by a Miyota 8215 automatic movement and offers 200 meters of water resistance. The watch features a domed sapphire crystal, a unidirectional ceramic bezel, and a semi-gloss dial equipped with sword hands and BGW9 lume. It comes on a brushed 316L stainless steel bracelet with a push-button clasp. In addition to the new release, the brand is offering a $100 discount on several existing models using the code SUNDAY100. The promotion covers the Blacktip Standard Pro Diver, which is being retired from the collection, the Dark Bayou EM (now updated with a PT500 movement), and the Capo D'Acqua compressor-style diver. The brand describes these updates as part of a "Big Pivot" toward higher performance standards in affordable watchmaking.