I would think you could put it underneath the plane with a trap door that opens up with a servo letting the chute out. So it might land upside down but it will save the plane most likely in the event of a wing falling off or a malfunctioning servo on control surfaces. Heck if you have the PCM thing you could set it to open if you loose radio control of the aircraft and just make sure your throttle also is set to cut in that case.