Company stats & info
About VEEM Ltd.
VEEM Limited is a manufacturer of high-technology marine propulsion and stabilization systems for the global luxury motor yacht industry. VEEM’s market leading Gyrostabilizers reduce the rolling motion of Superyachts in waves by up to 90%. The VEEM Gyro range has been developed specifically for Superyachts.
The VEEM Gyros are substantially more powerful than any other Gyro product, and yet they are also much quieter & are significantly more robust. The VEEM Gyro range sets a completely new benchmark for comfort in large motor yachts.
VEEM supplies Gyrostabilizers to many of Europe’s leading Superyacht Builders, and is also a successful manufacturer of propellers, fin stabilizer systems and specialised components, VEEM is proudly headquartered in Perth, Western Australia, supplying Global Clients in Europe, North & South America, & Asia.
Operating from a 10,500sqm purpose-built fabrication and manufacturing facility, including the largest non-ferrous foundry and largest 8 axis CNC Machine in the Southern Hemisphere, VEEM employs 180 staff in Australia and has a network of agents and distributors and service centres around the globe selling & servicing Gyrostabilisers, Propellers & Shaft-Lines.
Known for their commitment to technology & innovation, VEEM maintains a highly skilled research and development team of naval architects and engineers in-house who constantly provide updated & innovative technological upgrades to our product lines.
Celebrating their 50th anniversary in business in 2018, VEEM was listed on the Australian stock exchange in 2016.