It's hard to tell if those two wing like things are just a place to mount the motors, or are actually lifting surfaces, with an airfoil. If so, it is difficult to see them doing much dead stick ridge soaring, much less thermaling! The blissful look of the people shown flying it, shows dropping like a rock is not on their minds. Multiple redundant systems is probably how they intend to do it. A ballastic chute is not cheap or light, and also presents a marketing issue, "oh, you mean this thing isn't all fun and games, but could kill me?" The Cirrus line of aircraft has long featured a b chute, and there are many instances of them being used when normal pilotmanship would have also done the job: pilots using them when they flew into IMC (stupid, shoulda turned around sooner) or other avoidable situations. They can lend a false sense of security and lead to bad decisions. There is a general feeling among pilots of light aircraft (not counting aerbatic, they need one) that a "real" pilot is for better or worse the best solution to a bad situation, not a rocket and a chute.
My plane, ridge soaring dead stick, pretty good for a draggy fat tired "bush plane." Once a glider pilot always a glider pilot I guess. Ridge soaring deadstick is great emergency training, but get's a bit old after 3 hours or so (my longest), I like an aircraft that FLIES, not one that beats the air into submission. For those who can't stand to see or hear (Chalo) an ICE in action fast forward to the 5:00 point! https://www.youtube.com/watch?v=8J9v433C0nM