We present here a new method for real-time absolute-distance measurement. It is based on a two-wavelength superheterodyne interferometer. It is performed by simultaneous measurement of its synthetic wavelength and one of two wavelengths. The phase of one of two wavelengths is electrically separated from the synthetic one, thus maintaining the resolution of a one-wavelength heterodyne interferometer. Two He-Ne lasers operating at 1 = 633 nm and 2 = 612 nm are incorporated into the measuring system, as two wavelength sources, resulting in the synthetic wavelength of s = 18.4 µm. Thus, the proposed system has a range of 9.2 µm with nanometre resolution.