Version 1.0.3 brings a whole bunch of fixes and balance changes.

• You can now view your empire's current bonuses in the Empire window.
• Weapon accuracy of buildings doubled.
• AI should no longer constantly re-conquer war-torn towns and cities.
• Indicator for incoming enemy fleets.
• Slower conquest speed by default and options for half and quarter speed.
• Cleaned up landscape editor panel.
• Rapid-firing and melee weapons like gatling guns, flamethrowers and buzzsaws no longer change reload and accuracy based on fire mode.
• The AI no longer surrenders in pivotal battles.
• No starting ship for the player on higher difficulties.
• Hid (broken) editor buttons in conquest spectate mode.
• Boarders-only ships are now counted as still in-combat as long as there's boarders alive and able to perform their duties.
• Dust tank endcaps now gain increased lift from the Suspendium Specialists bonus.
• Crow's Nest, Telescope, and Targeting Computer accuracy bonuses work again.
• Rivets and masts courtesy of Faffywaffy on Discord.

Balance

In summary:

• Armour is better
• Acid spitters do a lot more damage
• Tracks and legs are more expensive
• Keels are more expensive but more effective
• Massive weapons are cheaper or better
• Small weapons have decreased accuracy against boarders and planes

In detail:

Wood Wall

• Increased HP from 18 to 24
• Increaded piercing damage absorb from 1 to 2

Wood Armour

• Decreased weight from 4 to 3
• Increased blast damage absorb from 1 to 2
• Increased piercing damage absorb from 3 to 4

Reinforced Wood Armour

• Decreased weight from 30 to 18
• Increased blast damage absorb from 3 to 4
• Increased piercing damage absorb from 6 to 9

Steel Armour

• Decreased weight from 20 to 16
• Increased blast damage absorb from 12 to 16

Heavy Steel Armour

• Decreased cost from 16 to 14
• Decreased weight from 50 to 30

Stone Wall

• Decreased cost from 5 to 4

Massive stone Wall

• Decreased cost from 10 to 8

Dragonhide

• Decreased cost from 20 to 15

Shell Armour

• Decreased cost from 9 to 7
• Increased lift from 22 to 25
• Increased blast damage absorb from 2 to 4
• Increased piercing damage absorb from 2 to 4

Aerial Hussar

• Increased top speed from 150 km/h to 250 km/h
• Reduced delay between launches from 400 ms to 100 ms
• Increased piercing damage from 17 to 24
• Increased reload time from 1.7 seconds to 2 seconds

Acid Spitter

• Increased cost from 100 to 160
• Increased reload time from 2 seconds to 3 seconds
• More than doubled accuracy
• Increased direct damage from 7 to 30
• Decreased max range from 114 m to 85 m

Big Tracks

• Decreased HP from 1200 to 800
• Increased cost from 200 to 400
• Increased coal reload interval from 8 to 12 seconds

Bomb Bay

• Increased cost from 20 to 30

Small Bow

• Decreased weight from 100 to 40
• Decreased HP bonus from 150 to 110

Medium Bow

• Decreased weight from 200 to 70
• Increased cost from 80 to 90
• Decreased ship HP bonus from 300 to 250

Large Bow

• Decreased weight from 300 to 140
• Increased cost from 140 to 200

Bridge

• Increased cost from 15 to 40

Cannon

• Increased reload time from 3 to 3.5 seconds
• Increased piercing damage from 40 to 50

Deck Gun

• Decreased HP from 60 to 50
• Decreased weight from 60 to 50
• Decreased cost from 80 to 50
• Decreased reload time from 2.1 to 2 seconds
• Decreased accuracy by 30%

Decorative Items

• Generally reduced weight and cost

Dorsal Turret

• Increased cost from 120 to 150
• Decreased reload time from 4 seconds to 3 seconds
• Decreased accuracy by 25%

Flak Cannon

• Decreased cost from 120 to 100

Gatling Gun

• Decreased accuracy vs troops and planes

Giant Flamethrower

• Reduced cost from 800 to 500

Grand Keel

• Increased HP from 3000 to 4000
• Decreased weight from 4500 to 3000
• Increased cost from 300 to 360
• Decreased ship HP bonus from 7000 to 6400

Grapeshot Cannon

• Introduced 100 m max range
• Decreased piercing damage per shot from 12 to 10
• Decreased accuracy vs troops and planes

Imperial Cannon

• Increased accuracy by 25%

Large Keel

• Decreased weight from 1400 to 900
• Increased cost from 80 to 110
• Incresed HP bonus from 1400 to 1750

Large Legs

• Decreased HP from 1200 to 600
• Increased weight from 1000 to 1200
• Increased cost from 140 to 450
• Increased propulsion from 1.4 to 4
• Decreased coal reload interval from 6 seconds to 5 seconds

Large Suspendium Dust Tank

• Increased HP from 350 to 480

Large Suspendium Dust Tank Endcap

• Increased HP from 220 to 300

Massive Rockets

• Decreased cost from 500 to 400
• Increased blast splash radius from 8 m to 11 m

Medium Legs

• Decreased HP from 400 to 300
• Increased cost from 80 to 130
• Increased propulsion from 0.38 to 1.1
• Decreased coal reload interval from 15 seconds to 12 seconds

Musket

• Decreased reload time from 2.3 to 1.5 seconds
• Increased accuracy by 20%
• Increased clip size from 12 to 16
• Decreased accuracy vs troops and planes

Rifle

• Increased cost from 15 to 20
• Reduced clip size from 20 to 16
• Decreased accuracy vs troops and planes

Saw Blade

• Increased blast damage from 30 to 40

Small Keel

• Increased cost from 30 to 50
• Decreased weight from 750 to 400
• Increased ship HP bonus from 400 to 700

Small Legs

• Increased cost from 30 to 70
• Increased propulsion from 0.3 to 0.4
• Decreased coal reload interval from 30 seconds to 20 seconds

Small Tracks

• Reduced HP from 400 to 300
• Increased cost from 50 to 160
• Increased coal relaod interval from 25 seconds to 30 seconds

Spider Legs

• Decreased HP from 1200 to 800
• Increased weight from 800 to 1500
• Increased cost from 150 to 900
• Decreased propulsion from 25 (!?) to 8
• Decreased coal reload interval from 5 seconds to 4 seconds

Suspendium Cannon

• Decreased reload time from 4 seconds to 3 seconds
• Doubled accuracy

Suspendium Dust Tank

• Increased HP from 120 to 150
• Increased lift from 250 to 280

Suspendium Dust Tank Endcap

• Increased HP from 75 to 100
• Increased lift from 180 to 200

Telescope

• Decreased cost from 200 to 120

Ventral Turret

• Decreased weight from 150 to 140
• Increased cost from 120 to 150
• Decreased reload time from 4.5 to 3 seconds
• Decreased accuracy by 25%

Vertical Sail

• Increased HP from 80 to 120
• Increased propulsion from 0.07 to 0.14
• Same proportional increases for double and triple versions