Embodiments of a submersible transport and launch canister are provided for use by a diver in the deployment of an airborne object. In one embodiment, the submersible transport and launch canister includes a pressure vessel having an open end portion and a storage cavity configured to receive the airborne object therein. A diver-actuated cap is movable between an open position and a closed position in which the diver-actuated cap sealingly engages the open end portion. A propellant device is fluidly coupled to the storage cavity and is configured to propel the airborne object from the storage cavity and through the open end portion when the propellant device is actuated by the diver.