Proposed to both the French and the European Space Agency as one possi
ble small mission, SPICE is a project for a dedicated small satellite
for a near-IR spectroscopic all-sky survey. The instrument would cover
the spectral range 1.8 - 3.6 mum, possibly extended to 1.8 - 7 mum, a
t a resolution of almost-equal-to 100, with pixels of 1 arc-min. The e
xcellent sensitivity (0.02 MJy sr-1) results from: i) the quasi-zero l
evel of background due to the efficient passive cooling of the whole e
xperiment; ii) the use of large format arrays; iii) the non-stop obser
ving mode (drift-scanning). The spectral domain, complementing the one
of ISO, partially opaque from the ground, is specially rich in spectr
al features tracing stars and all components of the Interstellar Mediu
m (molecular, atomic and ionized gas, dust). With a cooling below 80 K
of the focal instrument, then it becomes possible to consider doublin
g the spectral domain and to cover the whole 1.8 - 7 mum range.