Luciola is a large (1 km) "multi-aperture densified-pupil imaging interferometer", or "hypertelescope" employing many small apertures, rather than a few large ones, for obtaining direct snapshot images with a high information content. A diluted collector mirror, deployed in space as a flotilla of small mirrors, focuses a sky image which is exploited by several beam- combiner spaceships. Each contains a "pupil densifier" micro-lens array to avoid the diffractive spread and image attenuation caused by the small subapertures. The elucidation of hypertelescope imaging properties during the last decade has shown that many small apertures tend to be far more efficient, regarding the science yield, than a few large ones providing a comparable collecting area. For similar underlying physical reasons, radio-astronomy has also evolved in the direction of many-antenna systems such as the proposed Low Frequency Array having "hundreds of thousands of individual receivers". With its high limiting magnitude, reaching the m v = 30 limit of HST when 100 collectors of 25 cm will match its collecting area, high-resolution direct imaging in multiple channels, broad spectral coverage from the 1,200 Å ultra-violet to the 20 μm infra-red, apodization, coronagraphic and spectroscopic capabilities, the proposed hypertelescope observatory addresses very broad and innovative science covering different areas of ESA's Cosmic Vision program. In the initial phase, a focal spacecraft covering the UV to near IR spectral range of EMCCD photon-counting cameras (currently 200 to 1,000 nm), will image details on the surface of many stars, as well as their environment, including multiple stars and clusters. Spectra will be obtained for each resel. It will also image neutron star, black-hole and micro-quasar candidates, as well as active galactic nuclei, quasars, gravitational lenses, and other Cosmic Vision targets observable with the initial modest crowding limit. With subsequent upgrade missions, the spectral coverage can be extended from 120 nm to 20 μm, using four detectors carried by two to four focal spacecraft. The number of collector mirrors in the flotilla can also be increased from 12 to 100 and possibly 1,000. The imaging and spectroscopy of habitable exoplanets in the mid infra-red then becomes feasible once the collecting area reaches 6 m 2 , using a specialized mid infra-red focal spacecraft. Calculations (Boccaletti et al., Icarus 145:628-636, 2000) have shown that hypertelescope coronagraphy has unequalled sensitivity for detecting, at mid infra-red wavelengths, faint exoplanets within the exo-zodiacal glare. Later upgrades will enable the more difficult imaging and spectroscopy of these faint objects at visible wavelengths, using refined techniques of adaptive coronagraphy . Together, the infra-red and visible spectral data carry rich information on the possible presence of life. The close environment of the central blackhole in the Milky Way will be imageable with unprecedented detail in the near infra-red. Cosmological ...