Didn't take much testing to verify that this ability is functioning as intended.
It's unfortunate that Shield Regeneration doesn't properly report in the Combat Log, but if you look under the Defense tab of your player status screen while in space, you can watch your shields gain an additional regen tick every 6 seconds that matches the magnitude shown on the power in your Reputation UI.
No wait borticus, but from last patches, the regeneration infos about shields don't work anymore. Please, check and fix this.
in b4 did u see that in space?
in after yes, i did