Jon, you're going to have a limited space back there for the chutes. About four years ago I ordered two chutes from Stroud and had them sent to the Wendover Nugget, as at the last minute I decided I needed a back up pair of chutes for the Bub Meet. I had my chutes made by Stroud, they were special made. I just assumed that they had records, and I would get an exact copy of the ones I had previously had made. When I picked them up at the casino, they weren't anything like my chutes. They were the Stroud spring loaded pilot chute type. All way to big, and wouldn't work at all. I'd already paid for them, so they were the same kind as Ack was using for Ack Attack, so I just gave them to him. My point in telling you this is that a much smaller pilot chute and deployment system should be employed. You are really going to be limited for space, and every place that you can save an inch in diameter and an inch in length, do it. I promise you won't regret it.
The first parachutes on my streamliner number three used a pyrotechnic deployment, no pilot chute. It consisted of two four inch aluminum tubes, a foot and a half long, two pistons, one for each cannon, two 12 gauge single shot shotguns (the ones with the hammer), the barrels were sawed off completely and the stocks removed. The guns were welded to a four bolt flange that bolted on the back of the cannon. The piston was four inches in diameter and used Chevy rings made out of 7075 T6 aluminum. The shot from a light load shell was removed, the shell was filled to the brim with glue from a glue gun. This provided a wad with sufficient weight to move the piston with enough velocity to spit the entire umbilical cord of the chute, and the chute some 10 ft. out the tube. I used solenoids out of automobile door locks to pull the trigger of the 12 gauge. This all worked really well, and was the smallest parachute assembly for both high speed and low speed chutes that I've built. Just food for thought. Easy to do and it works.
Max
P.S. While I was testing this contraption, I had it all in a vice, I hadn't made my piston yet, so I used a hedge ball wrapped in a sock. Fired the thing in a vice, the cannon was pointed towards the garage door. Put a heck of a dent in it. I was happy, but the landlord wasn't.
#:^)#
P.S.S. BTW, so the piston doesn't fly out the back of it you have to put a ring stop on the end of the cannon. A 1/8" lip works just fine.
P.S.S.S. Henry Louey, when inspecting the bike on the salt, made me write on the side of the liner, "CAUTION, PYROTECTNIC CHUTE DEPLOYMENT SYSTEM, STAND CLEAR"