A projectile launcher including a receiver with a breech proximate to a barrel. A valve assembly is provided that allows selective flow between a source of compressed gas and the breech. A trigger is provided that is movable between a first position and a second position. The launcher includes a firing assembly configured to actuate the valve assembly responsive to the trigger being in the second position. In some embodiments, the firing assembly includes a trigger assist feature configured to cycle the firing assembly in a fully automatic manner when the trigger is in the second position without reciprocating the trigger during the firing cycle. In some embodiments, the receiver includes an opening with a puncture mechanism dimensioned to receive a magazine.