Veem Ltd. engages in the production of propulsion and stabilization systems. The company is headquartered in Canning Vale, Western Australia. The firm is also engaged in manufacturing engineered products and services for the marine, defense and mining industries. The firm operates various businesses, including VEEM Marine, VEEM 24-7 Engineering, Defense, Timcast Hollowbar and Conquest Propellers. VEEM Marine has marine technology with the commercial facilities. VEEM 24-7 Engineering provides services to aerospace, defense, mining, and oil and gas industries. VEEM Defense is engaged in defense contracts, such as manufacturing and servicing the Oberon class submarine valves through to the propulsion system for the new Pacific patrol boats.
Veem (ASX: VEE)
- Home
- Veem (ASX: VEE)
Here are the latest articles on Veem (ASX: VEE)
Veem sets sail with Sharrow agreement to build exclusive propellers, enters $4 billion market
October 2, 2023
Advanced marine propulsion and stabilisation system developer VEEM (ASX: VEE) has signed an exclusive agreement with nautical engineering company Sharrow Engineering.
BAE Systems places order with VEEM worth $1.7 million for demonstrator blades and a hub
October 24, 2022
Marine tech manufacturer VEEM (ASX: VEE) has received an order from defense contractor BAE Systems Australia to manufacture two propeller blades and a hub under the demonstrator program for the Hunter Class Frigate Program (HCFP). The contract is worth $1.7 million, aimed to be completed by Q2 2024. The completion will ensure that VEEM qualifies
VEEM’s tech gets its sea legs with exceptional results in sea trials
August 24, 2021
Think of VEEM Marine (ASX: VEE) as the team doing their best behind the scenes to make your experience better when lockdown ends and you finally board your yacht. Picture yourself: mimosa in hand, out on the ocean, enjoying the sun. Keeping that mimosa firmly in your hand and not spilled all over the deck
The New Criterion: the niche stocks flying the flag for Australian manufacturing
July 8, 2020
Our trade tensions with China have fuelled the coronavirus-spurred debate about our reliance on offshore supply chains for goods both to and from our shores. Apart from the reluctance of the Chinese to take our barley – and thank goodness they’re not snubbing our iron ore – the other topic of post virus introspection is
Recent Articles
