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Concord announces the creation of C Lab Series, a special unit that will research and develop cutting-edge timepieces. Concord describes C Lab Series as a “hub of expression and design, whose mission is to transform watchmaking. In this testing ground of ideas, science and engineering become an art-form while research and development becomes a discipline in its own right.” The C Lab Series will test and employ “futuristic” materials, and Concord plans to offer grants to universities and engineering schools to pursue “extraordinary watchmaking partnerships.”