We propose a small interferometer on a minisatellite, named DIVA (Deut
sches Interferometer fur Vielkanalphotometrie und Astrometrie), to per
form astrometric and photometric observations of at least one million
stars. It would exceed the performance of Hipparcos in all important p
arameters. With a possible launch in 2002 DIVA would provide for all s
tars brighter than V = 10.(m)5 parallaxes better than 0.8 milliarcseco
nds (mas) proper motions better than 2 mas/y broad-band photometry wit
h a typical accuracy of 0.002 mag multi-channel intermediate-band phot
ometry with a typical accuracy of 0.01 to 0.02 mag For the 100 000 sta
rs observed by Hipparcos, proper motions with a typical accuracy of 0.
1 to 0.2 mas/y and parallaxes of 0.3 to 0.5 mas can be obtained in com
bination with the Hipparcos results. The scientific potential of this
mission and a possible layout of its optical system are described in t
his paper.