Coded excitation has been used successfully in medical ultrasound to improve the signal to noise ratio and penetration depth. Furthermore, inverse filtering techniques have been shown to improve axial resolution without significant loss in contrast due to the range sidelobe phenomenon. With the next generation ultrasound scanners, the opportunity exist for transmitting multiple codes simultaneously, with or without focusing, into the region of interest. Using appropriate 2D inverse filtering on receive, it is possible to control the axial and lateral resolutions of the imaging system while maintaining an acceptable tradeoff with image contrast. In this paper, we review recent results on 1D and 2D inverse filtering of beamformed echo data resulting from insonification of speckle‐generating cyst phantoms with multiple codes. We demonstrate that (regularized) inverse filtering can be derived from the space‐time array patterns. Furthermore, we demonstrate the feasibility of reconstructing multiple image lines in parallel to increase the frame rate in 2D and 3D imaging.