Component quick release latch assembly

A latch mechanism assembly configured for locking and releasing a component from a component receiving module, the latch mechanism comprising:

• a latch slide transitionable between a latched position and an unlatched position, the latch slide having a receiving portion configured to receive a pin;
• a latch ramp disposed on the latch slide at a first end of the receiving portion;
• a release ramp disposed on the latch slide at a second end of the receiving portion;
• and
• a biasing element configured to bias the latch slide in the latched position;
• wherein the latch ramp is configured to draw the pin into the receiving portion and the release ramp is configured to draw the pin away from the receiving portion;
• wherein when the latch slide transitions from the unlatched position to the latched position, the pin is received in the receiving portion pin engages the latch ramp thereby sliding the latch slide and compressing the biasing element;
• wherein when the latch slide transitions from the latched position to the unlatched position, the biasing member is compressed causing the pin to engage the release ramp and translate the component in a vertical direction.