A spooling system for deploying cable, hose, and / or umbilical connections may include a drum, an air motor, a sheave having one or more sensor, and an electronic control unit coupled to an electro-pneumatic drive for controlling the system. The sensors may provide information to the electronic control unit, such as a measured line tension and / or a length of cable, hose or umbilical connection that has been deployed, and the information may be displayed on the electronic control unit. The electronic control unit also may allow an operator to rotate the reel, stop rotation of the reel, increase or decrease the speed of rotation of the reel, increase or decrease pressure and / or line tension, and / or select between a normal mode of operation and a tensioning mode of operation.