Chirp compression is a fancy way of talking about how we change sound waves to make them easier to understand. You know how sometimes people speak really fast, and it's hard to catch everything they're saying? That's what happens to sound waves when they travel through the air. They get all jumbled up and it can be hard to understand what they're trying to say.
But, scientists have figured out a way to un-jumble those sound waves using something called a "chirp." A chirp is just a sound that starts at a low frequency and goes higher and higher. It's like a bird chirping - it starts out low and gets louder and higher pitched.
So, when we want to understand a sound wave better, we can send out a chirp and then listen for the echo that comes back. The echo will be jumbled up just like the original sound, but because we know what our chirp sounded like, we can use that information to un-jumble the echo.
This is called "chirp compression" because we're using that chirp sound to compress (or simplify) the sound wave we're trying to understand. We can apply this technique to lots of different things - like finding oil underground by listening for echoes of chirps bouncing off the ground!