As you can guess from its name, this title is actually a PSP adaptation of Nintendo's handheld game from 1981.
hellviz's version is based on the delphi sourcecode and scans by Luca "MADrigal" Antignano and was coded in C using the OldSchool Library. As for Game&Watch Parachute's controls on the PSP (Quoting hellviz's readme):
* Change button with pad up/down and choose mode with cross.
* Show highscore by pressing circle when game a or b button is selected.
* Move the boat with either pad down and cross or L and R
* Pause the game with start
Further details regarding this homebrew game are available in the file bundle's readme.
download