Although the idea of parachutes was known long ago, and Banič's invention is a radically different type of a parachute, than the type known today (it was a kind of umbrella attached to the body), it was the first parachute known to be actively used - it was used by the US Air Force during World War I and saved the life of thousands of aviators.
The StefanBanicParachute Foundation was established in 1997 by Slavo Mulik.
StefanBanic was born November 23, 1870 in Nestich, Slovakia.
StefanBanic donated his patent rights and invention to the U.S. Government in exchange for his simple request of honorary membership in the Army Air Corps, the predecessor to the Air Force.