VEEM Limited provided an update on the successful completion of sea trials and commissioning of the third installation of a VG520/1000SD VEEM Marine Gyrostabilizer. The VEEM Marine VG520/1000SD gyrostabilizer is installed on the M/Y UMBRA, a 60m Damen built, YS 5009 exploration yacht operating in Australian waters. Commissioning was completed during sea trials in August 2021, during which time roll motion data was recorded with exceptional roll reduction results. The chart below shows the significant impact of the VEEM Gyro during the trials off Fremantle, Western Australia. Highlights: VEEM Marine's third VG520/1000SD Gyrostabilizer, the world's most powerful in-service marine gyrostabilizer, has been installed and commissioned on a 60m Damen YS 5009 exploration vessel; Recent sea trials with the VG520/1000SD VEEM Marine gyrostabilizer on the M/Y Umbra YS 5009 off the coast of Fremantle, Western Australia generated exceptional results; and the installation further qualifies VEEM Marine as the leader in gyrostabilizers for the maritime industry.