Sharrow Marine LLC announced an exclusive worldwide licensing agreement with Australia-based VEEM Ltd. Under the partnership, VEEM? has secured the exclusive global rights to manufacture and commercialize the innovative Sharrow? Propeller for inboard propellers up to five meters in diameter.

The companies will work together to produce a groundbreaking, series of SHARROW by VEEM propellers that are dramatically quieter and more fuel-efficient than any inboard propeller currently on the market. The partnership unites the two leaders of innovation and excellence in marine propulsion and manufacturing, marking a significant moment for the industry. Combining Sharrow?s revolutionary propeller technology with VEEM's proven history of manufacturing excellence and innovation across marine propulsion, the SHARROW by VEEM propellers will initially be produced for superyacht and commercial vessels in the 30 ?

90 feet (10 ? 30m) range. The SHARROW by VEEM propellers will deliver significant fuel savings and a superior onboard experience, with reduced noise and vibration, and improved handling, due to a drastic reduction of tip vortices and cavitation.