VEEM to Commercialise Revolutionary Propeller Design with Sharrow Marine

VEEM Ltd has signed an exclusive agreement with Sharrow Engineering to bring to life a revolutionary new propeller design for inboard powered vessels worldwide.

Sharrow Propeller Named in TIME's Best Inventions of 2023 Pre-order now

ASX Code:

VEE

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.

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VEEM Product Divisions

For over 55 years, VEEM has been pushing the boundaries of engineering excellence and innovation across a number of industries and sectors.

VEEM Marine

Industry-leading marine gyrostabilizers and propellers for the luxury, commercial and defence industry.

VEEM Defence

Since entering the defence sector in 1987, VEEM Ltd has delivered over $200 Million of defence contracts and are pre-approved by several classification societies without third party inspection.

Timcast Hollowbar

A game changing range of custom made, bimetal, centrifugally cast hollow bars that increase through life by up to 10 times.

VEEM 247 Engineering

Advanced engineering, manufacturing and service capabilities for the mining, oil and gas, and defence industries that require high compliance to a large variety of standards.

Conquest Propellers

The highest quality, off-the-shelf propellers in the World designed for the replacement propeller market and based off VEEM's leading custom propeller designs.

Head Office:
22 Baile Rd,
Canning Vale, WA 6155
AUSTRALIA

Postal:
PO Box 1542,
Canning Vale, WA 6970
AUSTRALIA

T: +61 8 9455 9355

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