This "Giga-Press" gadget is new to me, although the principle of a shaft gripper alternating holding positions on the shaft as it advances the shaft down into the barrel has been tried a number of times in the past. The key to their effectiveness is whether they can retain their grip on the shaft, if the shaft slips through them then the loading effort is lost. Loading progress will also be slower using these devices, but if the gun is pumped up to very high pressure then it may be either that or nothing (or you have to let some air out of the gun).
Caulking guns "walk" a tilting washer along a rod, so require a good frictional grip on that rod to temporarily hold position and then advance the travelling element with each stroke of the caulking gun's lever. Some caulking guns have small serrations on the top of the rod to improve the frictional grip of the washer, hence to emulate that in a speargun you would need serrations right around your spear shaft because it needs to be able to be inserted with any degree of rotation into the muzzle. Either that or the tilting washer is hard enough to bite into the smooth shaft, thus leaving small marks on it. The early hinge trigger band guns used this tilting washer principle allowing the spear to be retained in the gun at any insertion position for a given amount of band stretch, it is a workable but not entirely reliable system, particularly once the tilting plate or washer starts to blunt its biting edge.
Water being a lubricant tends to work against frictional grabbing devices operating on smooth spear shafts, but they certainly have been used, one early pneumatic speargun design had the lever operated gadget built onto the end of the gun, I do not know if it was ever commercially produced. The fifties vintage Australian "Aquamatic" used a ratchet loading system, but that required a rack tooth notched shaft which had to be inserted the right way up in the gun for the lever operated pawl system to grab it and advance the shaft into the gun.
The problem with any loading gadget not attached to the gun is losing it if you happen to drop it and the stowing of it when not in use. Tromic's cable operated loading system seems a more secure method, but a frictional gripper will work OK provided you do not mind it marking the shaft and occasionally slipping, which introduces an element of danger as your control of the cocking process is temporarily lost. That is when accidents usually happen, and unfortunately speargun accidents tend to be big ones!