An imaging system for capturing a sequence of images from a target at ultra-high framing rates is disclosed. The imaging system includes an illumination system operable to emit at least first and second light pulses at first and second wavelengths, respectively. The first and second light pulses sequentially illuminate the target whereupon at least first and second propagated light pulses emanate from the target. The system also includes at least first and second image sensors operable to receive the first and second propagated light pulses, respectively, to thereby capture the sequence of images from the target. Various exemplary embodiments of the imaging system and associated method are provided.