VEEM

Headquartered in Perth, Western Australia, VEEM designs and produces high-technology propulsion and stabilization systems tailored for luxury motor yachts, fast ferries, and commercial workboats. The company runs operations out of a 14,700-square-meter facility that houses Australia’s largest non-ferrous foundry.

VEEM Gyrostabilizers significantly cut rolling motion in rough seas, giving passengers and crew a smoother experience, safer working environment, and more operational time on the water.

For high-performance motorboats and yachts, VEEM produces fully CNC-machined monobloc propellers as the only volume commercial builder in this segment. These precision propellers unlock higher top speeds while keeping vibration, noise, and fuel burn to a minimum.

Beyond marine equipment, the company developed VEEM Forever Pipe for processing industries. This heavy-duty piping system lasts dramatically longer than standard alternatives and features real-time wear monitoring for predictable maintenance scheduling.

A focus on steady profitability and cash flow supports continuous reinvestment in research and development, driving new manufacturing processes and engineering concepts forward.