It’s been over a year since the Moto 360 made its debut. We’re definitely overdue for a sequel, and a new report from SlashGear may have just revealed a ton of new information about the upcoming smartwatch.

Citing multiple leaks and inside sources, the tech blog offers up a full list of specs for the Moto 360 2. The new watch will allegedly offer a 1.56-inch 360 x 360-pixel display, a Snapdragon 400 processor, 512MB of RAM, 4GB of storage and a 400mAh battery. It runs Android Wear and features a whole bunch of sensors including a gyroscope, barometer, accelerometer and a heart rate monitor.

SlashGear also notes that the new Moto 360 won’t replace the original watch entirely. Instead the two devices could exist side-by-side. The design isn’t expected to change much, though we’re hoping this model will fix that annoying black bar along the bottom of the display.

Motorola has a press event coming later this month on July 28. It’s definitely possible we’ll see the second-generation Moto 360 announced then, though the company’s expected to unveil a few new smartphones as well. Either way we’re expecting something big, and hopefully we won’t have to wait much longer for the updated smartwatch.