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With IFA 2016 fast approaching, it’s time for teasers and invitations to high-profile product announcements to be made at the event. Samsung has just released an image suggesting that the launch of the Gear S3 smartwatch will take place on August 31, which will be followed by its main press conference for the IFA event on September 1.

The latest version of Samsung’s Tizen-based smartwatch will succeed the Gear S2, which was launched in 2015 at the same event. Samsung delivered its best smartwatch ever with the Gear S2, which came with a round design, an attractive interface, and a rotating bezel for navigation.

So far, the Korea-based tech giant has kept the Gear S3 well under wraps and not much is known about the upcoming smartwatch, except that it is rumored to retain the design and rotary bezel of its predecessor, but will be available in three versions, the Gear S3 Classic, Gear S3 Frontier, and Gear S3 Explorer.

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Samsung Gear S2

The Gear S3 Explorer edition will reportedly feature a crown, additional buttons and changeable watch bands. Apart from sharing the same design, all the three versions will also have some common features, such as sensors, including an integrated GPS, speedometer, barometer, and altimeter. Like its predecessor, you can count on the Gear S3 to also feature IP68 certification and sensor for measuring the heart rate.

If you can’t be in Germany for the Gear S3 launch, Samsung will be live streaming the event and you can follow all the action on its website. In any case, we’ll be there at the IFA 2016 to bring you all the details as they unfold, and you can follow our coverage here.

Do you think the Gear S3 will be even better than the Gear S2 and are you looking forward to buy it? Let us know in the comments below!