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

Two new prestige super yacht builders order VEEM Gyros super yacht addressable market size update

Two highly prestigious Italian superyacht builders, Rossinavi and Overmarine, have ordered their first VEEM Gyros…
VEEM ASX Announcements

VEEM to present at NWR Virtual Investor Conference

VEEM invites shareholders and investors to join VEEM Managing Director Mark Miocevich as he presents…
VEEM ASX Announcements

Investor Presentation – Euroz Hartleys Rottnest Conference

VEEM Managing Director Mark Miocevich presents at the Euroz Hartleys Rottnest Conference.

How VEEM recycles machining swarf

VEEM Ltd continues to find innovative and new ways to boost efficiency and decrease our environmental impact…

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.