A device is provided for holding and releasing a missile within a canister. The device includes a housing attached to the canister, a latch mechanism extending from the housing into the canister, a tension applier disposed in the housing to restrain the missile in the canister, a release mechanism disposed on the housing, an interface mechanism and a compression applier. The tension applier forces the latch mechanism against the housing to withdraw from the missile. The interface mechanism initially couples the release mechanism and the tension applier. The compression applier anchors to the interface mechanism and forces the latch mechanism against the housing to engage the missile and counteract said tension applier. On command, the release mechanism disengages from the housing to release the compression applier from the interface mechanism. This action enables the tension applier to withdraw the latch mechanism from the missile.