Stabilizing apparatus have particular application in stabilizing smaller water borne objects such as small dinghies, sail craft, pontoons and aquatic sporting equipment at rest on a body of water, or any aquatic vessel including launches. The stabilizing apparatus includes a body having one or more elongate stabilizing pods including at least one cavity for containing a calculated volume of air. The body is attached to a side and towards the rear of the water borne object, in the region of the plane of the waterline of the object. The stabilizing apparatus operates between a non-use, storage position and an extended operating position and includes latching apparatus to maintain the body in either or both those positions.