Cosmoteer update 0.14.14 is now available for direct download and auto-update via Steam. This is a small update that fixes a handful of bugs and tweaks Tractor Beam balance.
Tractor Beams now take 5 seconds to ramp up to full power after firing, including when switching from pull to push or vice-versa. They also now rotate much more slowly, making it a lot more difficult to stay focused on a moving target without shutting down. These changes were made because Tractor Beams had proven too powerful at spinning and effectively disabling enemy ships in multiplayer.
You can read about all the changes and fixes in the changelog