The Collaborative International Dictionary of English v.0.48:

Parakite \Par"a*kite`\, n. [Para- + kite.]
   A train or series of kites on one string and flying tandem,
   used for attaining great heights and for sending up
   instruments for meteorological observations or a man for
   military reconnaissance; also, a kite of such a train.
   [Webster 1913 Suppl.]