Veem (ASX:VEE) — Material Events
ASX:VEE · 12 articles in the last 12 months · 100% assessed
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Major ≥90
Significant 75–89
Notable 50–74
Routine <50
Not assessed
VEEM Secures $14M to Fuel US Defence Expansion with Northrop Grumman DealHigh
VEEM completes $14M placement, secures 9-year Northrop Grumman licence, expands US defence contracts
30 Sept 2025
·Capital Raising
·85
VEEM Secures $65M Collins Submarine Contract, Eyes FY26 GrowthMedium
VEEM secures $65m six-year Collins Class submarine contract renewal; FY25 EBITDA $8.5m-$9.5m
12 Aug 2025
·Contract Renewal and Preliminary Financial Results
·85
VEEM Raises $14M to Power US Submarine Supply AmbitionsHigh
VEEM Raises $14M to Accelerate Defence Growth with US Submarine Supply Contracts
30 Sept 2025
·Capital Raising
·85
VEEM Ltd Reports $19.5M Half-Year Loss Amid Gyro Impairment and Market ChallengesHigh
VEEM Ltd reports $19.5M half-year loss on lower revenue and $24.8M gyro impairment; launches new products and eyes US defence growth
25 Feb 2026
·Appendix 4D Half Year Report
·Unexpected
·85
VEEM Unveils VEEM Extreme – 18% Fuel Savings Propel Marine InnovationMedium
VEEM launches VEEM Extreme propulsion package with 18.1% fuel efficiency gains; Manly Fast Ferries plans fleet conversion
6 Nov 2025
·Product Launch Announcement
·75
VEEM’s FY25, Navigating Challenges with a Strong Second Half and $65m Defence BoostMedium
VEEM FY25 revenue down 15%, EBITDA down 38%, strong 2H25 recovery and $65m ASC contract renewal
21 Aug 2025
·Results Presentation
·75
VEEM’s Profit Surges 2H Amid $65m Submarine Contract BoostMedium
VEEM FY25 revenue down 15% but 2H profit doubles; secures $65m ASC submarine contract extension and HII supplier status
21 Aug 2025
·Full Year Results
·75
VEEM Completes Factory Expansion and Eyes FY27 Growth on Defence and PropulsionMedium
VEEM Ltd reports 1HFY26 loss due to impairment, expects FY26 revenue $50m-$52m with improved 2H driven by defence and propulsion
9 June 2026
·Investor Presentation
·Unexpected
·75
VEEM Ltd Reports Sharp Profit Drop Amid ASC Contract Renewal and Innovation PushMedium
VEEM Ltd reports 15% revenue decline, 57% profit drop; secures $65M ASC contract extension
21 Aug 2025
·Appendix 4E Preliminary Final Report
·75
VEEM Secures Key US Defence Supplier Status, Eyes FY26 RFQsMedium
VEEM Gains Approved Supplier Status with HII-NNS, Poised for US Defence RFQs in FY26
20 Aug 2025
·Supplier Qualification Announcement
·75
VEEM FY25 Consolidates Gains with Defence Contracts and VEEM Extreme LaunchMedium
VEEM FY25 Results Show Consolidation; Defence Contracts and VEEM Extreme Propel Growth Outlook
27 Nov 2025
·AGM Presentation
·75
VEEM Navigates $24.8m Gyro Impairment Amid Mark III Launch PauseMedium
VEEM reports near-guidance H1 revenue, $24.8m gyro asset impairment, and improved cash flow
23 Feb 2026
·Preliminary Financial Results
·Unexpected
·75
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