An air deployable drifter buoy assembly is provided. The air deployable drifter buoy assembly includes an air deployment tube in compliance with NATO A-Size packaging specifications and a foldable drifter buoy. In a first mode of operation the foldable drifter buoy is accommodated in the air deployment tube in a folded manner and in a second mode of operation the foldable drifter buoy is deployed in an unfolded manner with the foldable drifter buoy being in compliance with Davis CODE Drifter specifications.