An emergency location device with a deployable rescue balloon is presented. The rescue balloon is housed in tube body in its stowed state with a frangible foil holding it in place at the proximal edge of the tube body. The location device includes a ball valve attached to the opposite end of the rescue balloon and further coupled to a charger valve. The charger valve includes a piercing needle configured to pierce a helium pressure tank thereby deploying and inflating the rescue balloon. The helium tank, the charger valve, the ball valve are all enclosed in the lumen of the tube body. The rescue balloon is attached to the inside of the tube body via a lanyard, which unravels when the balloon is deployed. A threaded cap coupled to the distal end of the tube body, which is also used to deploy the rescue balloon, secures the helium pressure tank in the tube body.