Two divers have been found alive after spending nearly 22 hours missing in the ocean off the coast of North Stradbroke Island this morning.

The divers, 45-year-old Victoria Point man and 43-year-old Robina man, went  missing around 10am on Saturday in waters off Point Lookout after they failed to return to the boat.

Just before 7am on Sunday, the men were spotted by an Australian Maritime Safety Authority Melbourne-based Challenger aircraft jet, who deployed a life raft to them.

It’s understood they were more than four kilometres offshore.

Water police were first on scene and provided assistance to the two men before they were airlifted by the Surf Life Saving helicopter.

The duo were then taken to a park in Southport where they were assessed by paramedics and then transported to Gold Coast University Hospital. They have been returned home safe and well.

The Daily Mail understands the divers were an instructor and student from a commercial dive boat company.

Acting Sergeant Matt Boswell said the men experienced ‘pretty rough’ conditions out in the ocean.

‘You just can never know what’s going to happen,’ Acting Sergeant Boswell said.

‘They were located about 2.2 nautical miles off Main Beach, and drifted about 14 nautical miles south of their initial location… it’s a long way, they covered a lot of distance!’

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Two divers have been found after spending 22 hours missing in the ocean off the coast of North Stradbroke Island

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A police boat pulled up alongside the stranded seafarers after a helicopter spotted them

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The two men, 43 and 45, had been recreational diving

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The men were found 14 nautical miles off course

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Strong currents pulled them off course and their wetsuits protected them from the weather off the Queensland island (pictured)

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They were found in the early hours of Sunday morning and hoisted into a helicopter.