Abstract: A wavelength division multiplexing/demultiplexing device is presented utilizing a polarization-based filter to separate odd and even wavelengths, or upper and lower channels of an input optical signal. The wavelength filter first converts the input signal to a predetermined polarization. A series of birefringent waveplates provide a polarization-dependent optical transmission function such that the polarized beam is decomposed into a first beam component carrying the first spectral band at a first polarization and a second beam component carrying the second spectral band at a second, orthogonal polarization. A beam displacer spatially separates the beam components into a pair of orthogonally-polarized beams. A quarter-wave plate converts these orthogonally-polarized beams into a pair of circularly-polarized beams, which are reflected by a mirror back along parallel optical paths through the quarter-wave plate, beam displacer, and waveplates.