Is it "High Tech"? Perhaps so, however it's not particularly modern.
This is a 1970s Tissot Astrolon plastic movement, the cal. 2250, Astrolon or Sytal, ("Systeme Total d'Autolubrification"). Many of the parts are plastic, including the synthetic pallet fork and escape wheel. Sound familiar?
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This is a circa-1973 Tissot watch using one of the Astrolon movements. Note the "Autolub" (automatic lubrication) text on the dial, referring to the self-lubricating nature of the movement. This is one of the more conventional watch models with a metal case - other models also used synthetic cases.
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Step forward in time to the mid-2000s and we have this Swatch Irony Body & Soul automatic. The movement is a skeletonised version of the 21 jewel ETA cal. 2841-1 automatic, an economy movement used in the Swatch mechanicals.
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Below is a close-up look at the plastic pallet fork used in this version of the movement. Again, that looks quite familiar. The escape wheel here is metal. (Note that not all of the 2841/2 movements in Swatch watches used the synthetic escapement components. I've seen examples with conventional metal forks and ruby jewels).
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The synthetic escapement parts, very similar to those of the Astrolons, showed up again more recently in the 15 jewel ETA cal. C01.211 economy automatic chronograph movement introduced in Swatch and Tissot watches in 2009. Not only the plastic fork and pallets, but also the synthetic escape wheel was again in use. It is also notable that the cal. C01.211 appears to be in part based upon the earlier Lemania cal. 5100 chrono movement which itself used a number of synthetic parts, albeit not in the escapement. The Swatch Group is also the owner of the Lemania trademark.
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(Image by The Swatch Group).
More recently Swatch has again used the same or very similar synthetic escapement parts, along with some some significant automated manufacturing methods, to produce the new SISTEM51 ETA cal. C10111 automatics in their efforts to produce economical, maintenance-free, mechanical watches. The SISTEM51 is named for the movement consisting of only 51 parts, significantly less than a equivalent conventionally designed and produced automatic movement. The 1970s Astrolon movements had a very similar number of parts, only 52, although these were manual-wind movements. The Astrolons were semi-automatically assembled and, like the System51, required no lubrication.
Thus we can trace over 50 years of development and production of mechanical movements using synthetic escapement parts aimed at the economy watch market, from the 1970s Astrolon to the SISTEM51 of today, achieved through the use of unconventional materials and innovative manufacturing and assembly methods.
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(Image by The Swatch Group).