VEEM sold $3.6 million of VEEM Gyros in the half year to 31 December 2020 as forecast Gyro sales growth in the first half of FY21 continued to follow the…
VEEM has signed a three-year agreement with Damen Shipyards for the supply of VEEM Gyros Damen and VEEM will continue to collaborate on the integration of VEEM Gyros into Damen’s…
Mark Miocevich discusses the strong start to FY21 with $5.9m in gyro orders, plus what’s ahead for VEEM Ltd with Ausbiz. Watch the video below.
Demand for VEEM’s highly disruptive marine gyrostabilizers has continued to accelerate with further new orders of US$2.0 million (A$2.8m*) bringing the current forward order book to US$4.2 million (A$5.9m*) The…
VEEM receives order for second VG1000SD gyrostabilizer from Damen Shipyards, a major European shipbuilder delivering more than 175 vessels worldwide each year Vessel end-user is Naviera Integral, an offshore oil…
Earlier this year our VEEM Power Play Vessel (Viking 64′) completed a circumnavigation of Australia. This journey truly tested the capabilities of the VEEM VG120 gyrostabilizer which worked non-stop for 7658 nautical…
Presentation from VEEM Managing Director Mark Miocevich VEEM is a precision marine technology disruptor with 50+ years’ experience & world-class WA-based manufacturing facilities. Market capitalisation of ~$60m – VEEM…
VEEM has secured a $9 million order from the Australian Submarine Corporation (ASC) for certain specialised components of the Collins Class maintenance program. The award of the contract demonstrates the…
Following a long history of work for the Australian Submarine Corporation (ASC), VEEM Ltd is pleased to announce that it has just received orders for approximately $9 million from the…
Senator the Hon Linda Reynolds CSC has officially opened the new VEEM gyrostabilizer facility VEEM has completed building the world’s largest, most powerful marine gyrostabilizer, VG1000SD, for a major European…
VEEM has completed building the world’s largest, most powerful marine gyrostabilizer The VG1000 SD will be shipped shortly to major European shipbuilder, Damen Shipyards, which constructs more than 175 vessels…
While other manufacturers traditionally use pre-alloyed metals from external suppliers, VEEM undertakes the entire metal alloying process in house. This ensures VEEM products are the highest quality and also enables…
In 2003, VEEM worked closely with Antony Gormley to bring to life 51 alien-like sculptures to be placed across the flat salt-encrusted expanse of Lake Ballard in Western Australia. The…
Image source: Shivam Dewan, Unsplashed VEEM foundry produces around 1500 tonnes of processed sand per month during the casting process. Producing large quantities of waste became a growing issue within…
In early 2018, VEEM cast one of the biggest statues of an Aboriginal figure in the country. ‘Wirin’, which is 6.1m tall was cast at VEEM in January and installed…
A stabilized vessel can be achieved through a number of systems, two such systems being Gyroscopic stabilizers and fin stabilizers (fixed or retractable). Both are stabilizing mechanisms, but installing a…
The Lathe is just one example of VEEM’s innovation and precise manufacturing throughout history. Heavy Duty lathes are an essential piece of equipment for workshops, tool rooms, class rooms and…
July – September 2019 The VEEM Gyro Power Play Vessel is making its way across the north of Australia, travelling from Perth through to Sydney, crossing over some of the…
VEEM have confirmed the recent sale of a VG145SD Gyro model to be retrofitted on a 34m Motor Yacht in San Diego in the USA. The VEEM Gyro 145SD is…
Marine propulsion and gyro stabilisation company, VEEM Ltd (ASX: VEE) (‘VEEM’ or ‘the Company’), advises that subsequent to successful trials with Damen Ships in the Netherlands, VEEM has received an…
VEEM Limited (ASX:VEE), world leading manufacturer of high-technology marine propulsion and stabilisation systems for the global luxury motor yacht, fast ferry, commercial workboat and defence industries, celebrated 50 years in…
Perth’s newest addition, a 6.5 tonne bell to be installed into the Perth Bell Tower to mark the centenary of Anzac, has become a reality this month with VEEM recently…
VEEM Ltd has continued to push the boundaries of manufacturing and technology innovation for the last 50 years, and what better way to celebrate their 50th anniversary than being welcomed…
Breakthrough sales of VEEM Gyrostabilizers for luxury super yacht market 4 leading Dutch boat builders secure VEEM Gyrostabilizers for latest ultra-modern vessels Couach Shipyards, one of France’s oldest Shipbuilders (founded…
Game-changing recognition for VEEM’s world leading Gyrostabilizers Damen is Europe’s 2ndlargest shipbuilder with more than 200 new vessels annually Ampelmann is the market leader in motion compensated gangway systems Negotiations…
VEEM Ltd (ASX: VEE), (“VEE” of “the Company”), Australia-based manufacturer of propellers, fin systems, gyrostabilizers and specialist components for the super yacht, aerospace, oil and gas and defence industries, is…
VEEM Ltd (ASX:VEE) and Aurora Labs Limited (ASX:A3D) have signed a non-binding term sheet to investigate the potential of Aurora’s 3D printing and large format technology to deliver cost and…
The new Yagan Square in Perth, Western Australia is now home to one of the biggest Aboriginal figure Statues in the country. ‘Wirin’, which is 6.1m tall, was recently cast…
VEEM Ltd (ASX:VEE) has sold its first VG260SD gyrostabilizer to the Spanish Friere Shipyard to be installed in a patrol vessel for the Government of Kuwait. The announcement follows confirmation from…
Marine propulsion and gyro stabilization company, VEEM Ltd (ASX: VEE) (‘VEEM’ or ‘the Company’), is pleased to announce thatDamen Shipyards (“Damen”) of the Netherlands has signed a contract which will…
VEEM is very pleased to be able to share exciting news about the release of the new upgraded versions of the VG120, and the VG145 gyro stabilizers. As you know, through VEEM’s continual…
VEEM Ltd was recently inducted into the Family Business Australia FBA WA Hall of Fame, joining other successful WA companies with rich histories and contributions to the Western Australian economy. VEEM…
1968 – Commencement of VEEM In October VEEM Engineering Services commenced trading as a partnership between Voyka and Elizabeth Elsie Miocevich at 14 Whyalla Street Willetton. The business was established…
VEEM Gyro Demo Vessel In Med From October VEEM Limited, Australian manufacturer of VEEM Gyro stabilizer, announces that from mid-October 2017, demonstrations of its VEEM Gyro roll stabilizer technology will…
The world’s highest earners may not know it, but when they spend over $5,000 an hour for the privilege of using Sydney Harbour-based super yacht Tango they can thank local…
The 27m motor yacht, MY Anemeli was launched last week by Wim Van Der Valk Continental Yachts and impressive Gyro Stabilization sea trials were carried out the following weekend. All…
Dynamic Export Magazine, 5th May 2017 When Australian marine engineering excellence, leading edge innovation, perseverance, vision and focus are joined with advanced manufacturing capability you have the hallmarks of Perth…
The latest VG120 sea trial recorded off Fremantle saw an 84.8% roll reduction at 0 knots, where the wave height was 0.7m (2’3″) with light winds. This trial was a…
Another VEEM Gyro 120 sea trial was captured recently off the coast of Fremantle in Western Australia on a Viking Open Convertible Sport Fisher. The prevailing 25 to 30 knot…
From modest beginnings as a small engineering services company specializing in the repair and dynamic balancing of drive shafts, engines and other rotating equipment, VEEM Ltd is a proud family…
The giant Anzac Bell, a 6.5 tonne bell to be installed into the Perth Bell Tower to mark the centenary of Anzac, is slowly becoming a reality with VEEM currently…
The first assembly of a VG260 has commenced this month at VEEM with the first steps of the build underway already. The first part of the build process includes the…
By the middle of the year, VEEM’s arsenal of high technology machinery will have the capability to machine items up to 4.5mtr in diameter x 1.9mtr turning capacity envelope, and…
VEEM has recently completed six large moon pool castings for a fleet of ships overseas, a first for VEEM who hadn’t previously cast in the Copper Nickel material specified by…
Yachting Developments in New Zealand is busy completing a 127 foot Michael Peters designed Sportfisher that is expected to break records for the largest Sportfisher boat ever built. The boat…
Sea Trial results for the VG120 gyro installation on Motor Yacht Tango proved successful with roll reduction reduced by 61% achieved during typical operating conditions for the Yacht. MY Tango…
Marine propulsion and gyrostabilisation company, VEEM Ltd (ASX: VEE) (‘VEEM’ or ‘the Company’), has successfully completed its first retrospective fitting of a VEEM Gyro 120 (VG120) unit this week, on…
