Designer and manufacturer of disruptive, high-technology marine propulsion and stabilization systems.

Pushing the boundaries of engineering manufacturing and innovation for over 52 years.

ASX Code:


VEEM Ltd is a designer and manufacturer of disruptive, high-technology marine propulsion and stabilization systems for the global luxury motor yacht, fast ferry, commercial workboat and defence industries.

Proudly headquartered in Perth, Western Australia, VEEM operates from a 14,700sqm purpose-built fabrication and manufacturing facility, including Australia’s largest non-ferrous foundry. VEEM employs approximately 180 staff in Australia, including graduates and apprentices, and maintains a highly skilled research and development team in-house. Celebrating its 50th anniversary in business in 2018, VEEM listed on the Australian Securities Exchange in 2016.

News & Media

VEEM ASX Announcements

Highly successful capital raising

VEEM Marine

All rock, no roll for superyacht off the coast of Fremantle, Western Australia Recent sea trials performed off the coast of Fremantle, WA produced exceptional results for…
VEEM Marine

In-house alloying produce propellers without imperfections

We know propeller performance is essential to boat owners. When your propellers have imperfections, it…
VEEM Marine

New gyrostabilizer range names to reflect angular momentum output

The VEEM Marine gyrostabilizer range has evolved significantly from its inception to be the world’s…

VEEM Product Divisions

For over 52 years, VEEM has been pushing the boundaries of engineering excellence and innovation across a number of industries and sectors.