Great work, well thought out, hope you succeed in getting this faction off the ground and active in game!
I think some of your advancement criteria are a bit steep for the smallish ships your pilots will be using. You're asking Technicians to SOLO pirate a transport using a LF... ugh, have you ever tried something like that?:D
I think asking for a CODENAME from someone flying a Dagger is pretty rough, but probably doable if you know where the codenames are.
I also think basing piracy fees on the target's rank is metagaming. You should set a standard rate and only use the target's rank to soften that rate if your target is poor. I.e. ask for a standard fee but if he's only rank 50 then be understanding (at least in your mind) that the target probably doesn't have much cash. Increasing your rates based on his rank just doesn't make any RP sense.
"To gain a hundred victories in a hundred battles is not the highest excellence;
to subjugate the enemy's army without doing battle is the highest of excellence."