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One parachute-for-drone is already being Kickstarted (at least).

But the issue is the effective minimum height for a parachute to be any use.

Perhaps an airbag underneath could deploy faster.

Timing matters here, as the drone could easily land on its heavier side if all rotors fail.

Or a self-destruct to blow the whole thing up before it hits the ground.

Yes, lets add explosives, that will make it safer.