CAPS — the airframe parachute
The Cirrus Airframe Parachute System is a rocket-deployed parachute that lowers the entire aircraft. It is standard equipment across the SR series and the SF50 Vision Jet, and it is the single biggest reason Cirrus training is its own discipline: the hardware is simple, and the training is almost entirely about when to use it.
What it is
A solid-propellant rocket pulls a canopy from a compartment behind the cabin; the aircraft descends under the parachute and arrives with the airframe, seats and landing gear absorbing the impact. It is designed to save the occupants, not the aeroplane. In the SR series' certification, the system is central enough that CAPS is the published means of recovery from a spin.
Why the training is about decisions
The recurring finding in accident reviews is not that the system fails — it's that it goes unused in situations it was designed for, usually because the pilot was still trying to fly out of the problem. Current Cirrus training pushes the opposite default: identify in advance the scenarios where pulling is the correct first action, and commit to that decision on the ground rather than improvising at altitude. Loss of control, an unrecoverable upset, engine failure without a viable landing site, structural damage, pilot incapacitation and inadvertent IMC in a non-instrument-rated pilot are the classic categories.
Altitude
There is a published minimum deployment altitude, and there is a separate, higher figure that represents a sensible decision altitude in practice — and both depend on the model, the configuration and what the aircraft is doing at the time. Get these numbers from the POH/AFM for your specific aircraft and from your instructor. They are not something to carry in your head from a website, and this page deliberately does not print a figure.
Maintenance
The rocket motor and the parachute pack both have finite service lives and scheduled replacement intervals. On a pre-owned aircraft this is a real cost and a real airworthiness item — check the status before you buy, not after.