Modernization is moving from something old to something new.
To modernize a ship, first pick the ship you want to upgrade, then choose 1 to 5 ships to "merge". You will lose them in the process, make sure you didn't pick the ones you want to keep. A consumed ship's equipment is wasted as well, you will not retain any equipment still equipped on the consumed ship. Remember to remove any valuable equipment the consumable ship might possibly have. Also stock equipment can be broken down for small amounts of material though most likely not worth the effort.
Modernization is moving from something old to something new.
To modernize a ship, first pick the ship you want to upgrade, then choose 1 to 5 ships to "merge". You will lose them in the process, make sure you didn't pick the ones you want to keep. A consumed ship's equipment is wasted as well, you will not retain any equipment still equipped on the consumed ship. Remember to remove any valuable equipment the consumable ship might possibly have. Also stock equipment can be broken down for small amounts of material though most likely not worth the effort.