Ballerina: Pirouettes in Search of $\gamma$ Bursts

The cosmological origin of gamma ray bursts has now been established with reasonable certainty. Many more bursts will need to be studied to establish the typical distance scale, and to map out the large diversity in properties which have been indicated by the first handful of events. We are proposing Ballerina, a small satellite to provide accurate positions and new data on the gamma-ray bursts. We anticipate a detection rate an order of magnitude larger than obtained from Beppo-SAX