The present invention relates to a parachute deploying apparatus, comprising: a) a manifold with which is releasably coupled a single vessel within which pressurized gas is generated; b) a gas generator which cooperates with said vessel; c) a plurality of hollow tubes which extend obliquely and upwardly from, and are in communication with, said manifold; and d) a plurality of projectiles, each of which formed with a rod that is receivable in a corresponding tube and to each of which is connected a cord that is also connected to a corresponding portion of an undeployed parachute, wherein the pressurized gas which is generated upon triggering of said gas generator is flowable through each of said tubes to propel said plurality of projectiles in different directions and to cause said parachute to become deployed.