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any advantage to smaller ships?

Posted on Thursday, January 21, 2016

I've unlocked medium ships and have been reading around online.  I cannot find really good info on how the battle mechanics work but it looks to me like building smaller ships have zero advantage?  Why wouldn't you want to build the largest hull possible with the most hitpoints?

 

Could someone explain what role ship speed in combat plays?

 

For example, with current game mechanics, is it really that much harder to hit a smaller ship or even a larger ship that is moving faster?