  A new Small Angle Neutron Scattering instrument is proposed for the European
Spallation Source. The pulsed source requires a time-of-flight analysis of the
gathered neutrons at the detector. The optimal instrument length is found to be
rather large, which allows for a polarizer and a versatile collimation. The
polarizer allows for studying magnetic samples and incoherent background
subtraction. The wide collimation will host VSANS and SESANS options that
increase the resolution of the instrument towards um and tens of um,
respectively. Two 1m2 area detectors will cover a large solid angle
simultaneously. The expected gains for this new instrument will lie in the
range between 20 and 36, depending on the assessment criteria, when compared to
up-to-date reactor based instruments. This will open new perspectives for fast
kinetics, weakly scattering samples, and multi-dimensional contrast variation
studies.
