The Haitinger Prize of the Austrian Academy of Sciences was founded in 1904 by the chemist and factory director, Ludwig Camillo Haitinger (1860–1945), who created the award in honor of his father, Karl Ludwig Haitinger. From 1905 to 1943 it was awarded every year, for "studies in chemistry and physics that proved to be of great practical use for industrial applications". The prize was awarded for the last time in the year 1954.