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

VEEM to Present at NWR Virtual Conference and Sydney Gyro Demo

VEEM ASX Announcements

Investor Update – 19 April 2022

Inside Australia steel statues - Australia's Golden Outback
VEEM 247

VEEM works with international sculptor Sir Antony Gormley on Inside Australia salt lake statues

Internationally acclaimed British sculptor Sir Antony Gormley was commissioned by the Perth International Arts Festival…

Hear from VEEM Ltd Global Commercial Manager, Brett Silich on recent Gyro Updates

What is the significance of Damen Shipyards marketing VEEM Gyros? Who is the new VEEM…

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.