Not a good question

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I have often wondered about this, some larger model A/C (as well as full size ones) do have parachutes that are remote deployed. As they would be rip-stop nylon they would not block the GPS (i don't think). In case of a fly-away (or other issue) you could do a CSC then deploy the chute and watch it float back down.
 
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msinger

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Mounted it on the top center of the P3 so it would land on the landing gear?
That would not be possible since the props nearly touch in the middle. A side mount could work though.
 
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It might seem like no weight at all, but even 1.1 ripstop nylon is about 1.5-2.5oz per yard. And you need a fair bit for a parachute, more than you think. Add lines, servo, cable, and it will add up quick.

If you start using exotic materials, not a lot of people are going to want to pay $300 to maybe save $1000. (Quads depreciate so you're not saving retail, and it's also unlikely you will be saved 100%.)
 

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Please do not use titles like this as it is considered 'click bait' and is a violation of the rules. Please change the title @AbsPapa to something descriptive. Thanks ;)

DJI brought that concept to market over a year ago. It's called 'DropSafe' and there are others although I don't know if any are made for the Phantom platform - http://www.dji.com/product/dropsafe

 
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