VEEM LIMITED (VEE) - Marine Innovation Unleashed as a Global Leader in Marine Propulsion and Stabilizing Systems

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Mark Miocevich, Managing Director of Veem Limited, takes us behind the scenes of what he calls "a rare beast in Australia" – a high-technology marine products manufacturer dominating global markets through innovation and precision engineering.
Veem specializes in three critical marine technologies: advanced propulsion systems, revolutionary gyrostabilizers, and specialized defence applications. Despite the cyclical nature of defence contracts, the company recently posted $33.6 million in first-half revenue for FY25 and is on track for continued growth following last year's record $80+ million performance.
The conversation reveals Veem's remarkable global expansion, securing contracts with major Italian super yacht builders while simultaneously entering Asian markets where demand for high-performance marine technology is surging. Most exciting is their exclusive 17-year partnership with Sharrow to manufacture what Mark describes as "the biggest step forward in probably a hundred years in propellers" – innovative toroidal-based designs that significantly increase efficiency.

Chapters

1. Introduction to Veeam Limited (00:00:00)

2. Financial Performance and Defence Growth (00:01:13)

3. Global Yacht Market Expansion (00:03:10)

4. Sharrow Partnership and Disruptive Technology (00:04:38)

5. Production Scaling and Automation (00:06:04)

6. Gyro Stabilisers and Defence Positioning (00:07:52)

7. Future Catalysts for Growth (00:10:31)

140 episodes

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