[...] by parenting it to a couple of other invisible rotating submodels which are placed so that they cancel out each others' motion on all but one axis. Hacky and a bit tricky, but can be done.
Yes, actually I was thinking about this solution too.
I have decided to post my sketches. Keep in mind that these are the very first ones I put down, so I'm aware they might be a little confusing!

Anyway I'd like to know your first impressions about the concept...
EDIT - description: section 3 and 4 should slide along a vector that is parallel to the panel's rear edge, in order to expose the main beam completely. Section 1 and 2 should move obliquely up and backward, to expose the dorsal AF cannons bay and the side torpedos launchers.
This ship essentially plays the role of the sniper. Its mission profile consists in neutralizing escort units and cause major damage to capital ships's subsystems from long distance, using its main beam cannon. Since it should be capable of vaporizing a deimos-sized target, this weapon will draw about 80% of the entire reactor's power. So no other energy consuming weapon is allowed during this phase. This is the reason for the side torpedo and missile launchers, which operate in the same way as on UEF Katana-class frigates. Also the dorsal anti-fighter cannon will fire physical ammunition, creating a firing solution above the ship in order to cover the main beam cannon's body that is now partally exposed and vulnerable (green).
As far as the speed is concerned, during the laser strike, the ship's max velocity will be limited to 10 m/s, barely enough for changing the firing vector.
During shealth cruise mode instead, with all armored panels retracted, the ship will be able to fly at 60-70 m/s by taking advantage of the full power of the reactor.
The armor (red) will provide enough protection to survive a close fight against capital ships' standard beams or fighters'assaults; moreover it will assure a stealth profile, so it won't be targetable by standard radar systems. Anyway, as should be already clear, this ship is not designed for direct confrontation with other ships, but for weakening the enemy battlegroups by depriving the dreadnoughts of their escorts and other minor units.
[attachment deleted by ninja]