SPIE and Photonics Media have announced that Kapteyn-Murnane Laboratories (KMLabs) has been chosen as a SPIE Prism Award Finalist in the Test and Measurement category for their new dispersion measurement instrument – Chromatis™. The Prism Awards for Photonics Innovation are an international competition recognizing cutting-edge products that break conventional ideas and solve problems through photonics. This competition has grown to become the premier venue for recognition of innovative new product development in the industry. Chromatis is a broadband optical test instrument that quickly and accurately characterizes the full dispersive properties of optical components and coatings. Carefully managing optical dispersion is critical for optimal performance of ultrafast laser systems, multi-layer mirrors, and multiple quantum well structures. Winners will be announced on Wednesday, February 6 at a gala ceremony held during SPIE Photonics West 2013.