There is nothing new under the sun. The whole stunt kite thing is also inspired or evolved from an old Chinese invention thousand of years ago.
It was called a kite or 風箏 in Chinese written words.
History(From Wikipedia, the free encyclopedia)
Kites were used approximately 2,800 years ago in China, where materials ideal for kite building were readily available: silk fabric for sail material; fine, high-tensile-strength silk for flying line; and resilient bamboo for a strong, lightweight framework. Alternatively, the kite authors Clive Hart and Tal Streeter hold that leaf kites existed far before that time in what is now Indonesia, based on their interpretation of cave paintings on Muna Island off Sulawesi. The kite was said to be the invention of the famous 5th century BC Chinese philosophers Mozi and Lu Ban. By at least 549 AD paper kites were being flown, as it was recorded in that year a paper kite was used as a message for a rescue mission. Ancient and medieval Chinese sources list other uses of kites for measuring distances, testing the wind, lifting men, signalling, and communication for military operations. The earliest known Chinese kites were flat (not bowed) and often rectangular. Later, tailless kites incorporated a stabilizing bowline. Kites were decorated with mythological motifs and legendary figures; some were fitted with strings and whistles to make musical sounds while flying.
After its introduction into India, the kite further evolved into the Fighter kite known as the patang in India. In India annual kite running competitions are held every year on the day of Makar Sankaranti.
Stories of kites were brought to Europe by Marco Polo towards the end of the 13th century, and kites were brought back by sailors from Japan and Malaysia in the 16th and 17th centuries. Although they were initially regarded as mere curiosities, but by the 18th and 19th centuries kites were being used as vehicles for scientific research.
In 1750, Benjamin Franklin published a proposal for an experiment to prove that lightning is electricity by flying a kite in a storm that appeared capable of becoming a lightning storm. It is not known whether Franklin ever performed his experiment, but on May 10, 1752, Thomas-François Dalibard of France conducted a similar experiment (using a 40-foot (12 m) iron rod instead of a kite) and extracted electrical sparks from a cloud.
The period from 1860 to about 1910 became the "golden age of kiting". Kites started to be used for scientific purposes, especially in meteorology, aeronautics, wireless communications and photography; reliable manned kites were developed as well as power kites. Invention of powered airplane diminished interest in kites. World War II saw a limited use of kites for military purposes (see Focke Achgelis Fa 330 for example). Since then they are used mainly for recreation due to a vast improvement in technology.