Definition of squibs:
(n) :
(military) A small firework that is intended to spew sparks rather than explode.
(n) :
A similar device used to ignite an explosive or launch a rocket, etc.
(n) :
(mining) A kind of slow match or safety fuse.
(n) :
(US) Any small firecracker sold to the general public, usually in special clusters designed to explode in series after a single master fuse is lit.
(n) :
(firearms) A malfunction in which the fired projectile does not have enough force behind it to exit the barrel, and thus becomes stuck.
(n) :
(automotive) The heating element used to set off the sodium azide pellets in a vehicle's airbag.