Abstract: A flying saucer projecting and catching device includes a holder consisted of two symmetrical shells, a propeller shaft assembly fastened to the holder and turned by a traction cable, a driving shaft driven by the propeller shaft assembly to send a flying saucer into the air, wherein the holder is made of hornlike shape gradually smaller toward the bottom, having a hand guard for protecting the hand, and a retainer ring through which the traction cable passes; the driving shaft is made gradually smaller toward the top, having a plurality of elongated, raised portions spaced around the periphery thereof near the bottom for holding the flying saucer on the driving shaft.