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Need to know more information - is it a parachute packed for a paratrooper, a pilot's survival chute, a cargo chute, an emergency seat chute, or ???? But basic answer is - a pilot's chute or a paratrooper's chute would definitely be worth plenty! Cargo chutes are generally of much less collector interest.
The skydiver pulls out a pilot chute and releases it . The pilot chute then inflates and pulls the main canopy out of the pack, allowing it to open. This is how a sports skydiver opens his main parachute. Reserve parachutes are kept closed by a small pin holding a loop closed, and pulling a ripcord connected to this pin starts the deployment process. A spring loaded pilot chute is released, which inflates and pulls out the reserve parachute in a way similar to the main chute. This system is more reliable than the process used to pack the main parachute, but it is less convenient, and takes much longer to pack.
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parachute is opened to provide air which manages the slow chute
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there are three main parts that come with a parachute. there's the chute, the draglines, and the weight or mass (could be a human). then there's also the hole in the top of the chute.
* The downward facing area of the chute * The density of the air * The mass being lowered by the chute * The integrity of the chute * The motion of the air around the chute
From the French. Para from Parasol, and Chute=fall
It is called a drogue chute and it stabilizes the jumper and pulls the main parachute out of the container or pack.
The word parachute comes from the French word para (such as in parasol) and chute (meaning fall). See the related link for more information.