The invention in one variation is a modular recovery apparatus for dispensing a tether spool having a tow line with a float, where the tow line can be used to retrieve an unmanned underwater vehicle and other underwater platforms. The modular recovery apparatus can be triggered underwater or on the surface, and being modular in configuration it is suitable to be fitted to a variety of unmanned underwater vehicles (UUVs). The apparatus has a tether spool that is spring loaded, such that when the tether spool is deployed, the spring expels the tether spool with sufficient force to clearly separate it from the UUV. One end of the tow line is typically fastened to a tow point on the UUV, and an opposing end is attached to the float. When the tether spool is deployed, the tow line unwinds from the float, providing a securable length.