Honestl;y I think Nanonleech has a bad case of "does too many things and scales up in mutliple ways resulting in OP higher levels".
If it just did the hull drain/repair it would stil be very competitive(probably better then the TLT's savage defense), but the AM drain being added to the mix makes it go way overboard.
Let's go over the perks of Nanoleech:
1). enemy frigates with less then maybe 1000 hull regardless of shieldsis a liability, and will be dead within the first 2 minutes of battle(this is further enforce by the fact that with the AM drain support ships won't be healing this damage)
2). enemy support ship become useless(all of their AM will be removed) within the first 30 second of battle
3). Enemy capitalships brought will have all of their AM drained within 30-90 seconds(most will be down in the first 30 seconds), after which they become useless.
4). The VRT is basically immune to AM drain(one of the main counters fo all other titans), as it can easily regenerate it's AM far faster then any ship can drain it
5). The VRT can spam it's abilities at will- Nanon-leech will always provide more AM
6). Bar-none the best self-survival mechanism in the game. It's a joke how much better this ability is for regening hull the the TLT's savage defense which doesn't do much else.
That just feels like too much for a single skill. All in one skill we have the best sefl heal over time, likely the second best AoE damage(to chastic burst), the largest area AoE damage ability, the best anti-capitalship titan sbility(drain 300 AM frome evry enemy capitalship? gg?), and effectively infinite AM to spam abiltiies with & resist AM drain
Basically in late game fleet battles, the only way to have any chance fighting this thing(once it's leveled up) is to not let it get anywhere near your fleet- which is to say carrier bomber kiting(which can be difficult as it also has a slow ability) and the like.
Yes, none of it's abilities affect titans, but the VRT will have an attendant fleet, and I suspect your unsuported titan will be able to match up to the enemy's entire fleet,especaially with the VRT titan supporting said fleeet with what is likely the best titan fleet support ability in the game(widescale instant hull/AM restroe)
Honestly I don't think a single ship- even a titan should be able to essentially obsolete two main classes of ships(frigates become a liability due to the hull drain and capitalships get run out of AM extremely fast becoming useles). It should be possible to fight this ship toe-to-toe, just like every other titan, rather then needing to resort to an undependable carrier kiting strategy.
The devs need to decide whether they want the VRT to be the bane of frigates or capitalships- it can't be both.
Personally I think both the higher ranks of the AM drain and the radius need to be reduced(or better yet left at 4/sec at all ranks- the duration increases already increase effective AM drained). Draining 300 AM over 30 seconds from the enetire enemy fleet is just WAY too much with how important capitalship abilities are to the outcome of a battle. anything more then 120-150 just isn't managable IMO.