They say every great company has a story – one that captures the essence of the business and its culture. VEEM Ltd is no exception. From modest beginnings as a small machine shop specialising in the repair and dynamic balancing of drive shafts and other rotating equipment, the company has grown to become a leading global manufacturer of sophisticated equipment for the aerospace, marine and oil and gas industries.
VEEM supplies critical components to the Royal Australian Navy, and manufactures technically intensive large stabilization hydrofoils for superyachts, commercial vessels and fast ferries. The company revolutionised fixed pitch propeller technology for boats and yachts with their ‘Interceptor’ propellers — which allow the propeller’s pitch to be altered at any time by a diver, in a matter of minutes, without slipping the vessel.
The VEEM Gyro is a significant marine equipment offering that will change the way the superyacht industry thinks about roll stabilization.