VEEM Ltd (ASX:VEE)

VEEM is a high technology company specialising in Marine Stabilisation and Propulsion. From modest beginnings as a small engineering services company specializing in the repair and dynamic balancing of drive shafts, engines and other rotating equipment, the company has grown to become a premium manufacturer of sophisticated equipment for the marine, aerospace, defence and oil and gas industries. VEEM celebrates its 50th anniversary in 2018. VEEM Propellers VEEM Propellers are the world leaders in fixed-pitch propeller technology and have been pushing the boundaries of propeller manufacturing innovation for decades, always aiming for higher speeds, better fuel economy, and lower noise and vibration. VEEM Gyro VEEM Gyrostabilizers reduce the rolling motion of of boats and ships in waves by up to 95%. Developed specifically for mono-hulled boats from 100 – 3000 tonnes, VEEM Gyrostabilizers deliver 20% more efficient stabilizing torque delivery than its closest competitors. VEEM 24-7 Engineering VEEM 24-7 Engineering on Demand has a wide range of manufacturing and service capabilities that allow for the production and maintenance of specialised components for the mining, oil and gas, and defence industries that require high compliance to a large variety of standards. Timcast Hollowbar The Timcast “Forever Pipe” is a game changing range of custom made, bimetal centrifugally cast hollow bar. It is engineered in conjunction with the customer to increase life by up to 10 times, cost less than weld cladded wear pipe and can be monitored for wear ultrasonically. Conquest Propellers The Conquest Propeller range has been specifically developed to meet the urgent needs of the replacement propeller market. They feature a unique mixture of traditional designs with fully CNC machined surfaces, are available in a wide range of sizes, and are available anywhere in the world within 7 days.