Štefan Banič (23 November 1870 - 2 January 1941) was a Slovak inventor who devised a military parachute, the first parachute ever deployed in actual use.

Born in Neštich (Hungarian: Jánostelek), Austria-Hungary (now part of Smolenice, Slovakia), Banič immigrated to the United States and worked as a coal miner in Greenville, Pennsylvania.

Having witnessed a plane crash in 1912, Banič constructed a prototype of a parachute in 1913 and tested it in Washington, D.C. before U.S. Patent Office and military representatives, jumping first from a 15-storey building and subsequently from an airplane in 1914. Banič donated his patent (No. 1,108,484) to the U.S. Army. He received little fame or fortune for his invention.

Although the idea of parachutes was known long ago, and Banič's invention is a radically different type of a parachute from the type known today (it was a kind of umbrella attached to the body), it was the first parachute known to be actively used, saving the lives of many U.S. Air Force aviators during World War I.