Is that the same as a panchromatic camera?

Edit:

Asking because I have a 410x410px hyperspectral imager that has an aligned 1886x1886px panchromatic imager that is use to perform pan-sharpening of the HSI data bringing it up to 1886x1886. I'd never heard of a panchromatic camera before I got involved in this business and I've never heard of an achromatic camera either. All I seem to find is achromatic lenses.

Btw, is that still reasonably effective if the scene has ambient illumination, but (in addition to shining each wavelength at it) you take a monochrome photo in only the ambient light and you subtract that out from all your other images?