minutes) and precise temperature and time control (minute timescales). This RTA approach allows for controlled and highly reproducible formation of specific color centers in type Ib synthetic diamond particles that previously was not possible. Starting with electron-irradiated synthetic diamond particles, controlled production of NV, H3, N3, and mixtures thereof, depending on the annealing temperature (between 700 and 2060 °C), has been demonstrated. The resulting FDPs exhibit fluorescence that covers a broad range of the visible spectrum, from red/NIR fluorescence to blue fluorescence. A systematic study of experimental factors and their influence on specific color center formation is detailed, including annealing temperature, irradiation dose, annealing dwell time, and nitrogen concentration in the starting diamond powder.