An ultra fast, sub-picosecond resolution streak camera has been recently developed at the LLNL. The camera is a versatile instrument with a wide operating wavelength range. The temporal resolution of up to 300 fs can be achieved, with routine operation at 500 fs. The streak camera has been operated in a wide wavelength range from IR to x-rays up to 2 keV. In this paper we briefly review the main design features that result in the unique properties of the streak camera and present its several scientific applications: (1) Streak camera characterization using a Michelson interferometer in visible range, (2) temporally resolved study of a transient x-ray laser at 14.7 nm, which enabled us to vary the x-ray laser pulse duration from ~2-6 ps by changing the pump laser parameters, and (3) an example of a time-resolved spectroscopy experiment with the streak camera.