This paper describes the analysis and design of saturated silicon-germanium (SiGe) heterojunction bipolar transistor (HBT) switches for millimeter-wave applications. A switch optimization procedure is developed based on detailed theoretical analysis and is then used to design multiple switch variants. The switches utilize IBM's 90-nm 9HP technology, which features SiGe HBTs with peak of 300/350 GHz. Using a reverse-saturated configuration, a single-pole double-throw switch with a measured insertion loss of 1.05 dB and isolation of 22 dB is achieved at 94 GHz after de-embedding pad losses. The switch draws 5.2 mA from a 1.1-V supply, limiting power consumption to less than 6 mW. The switching speed is analyzed and the simulated turn-on and turn-off times are found to be less than 200 ps. A technique is also introduced to significantly increase the power-handling capabilities of saturated SiGe switches up to an input-referred 1-dB compression point of 22 dBm. Finally, the impact of RF stress on this novel configuration is investigated and initial measurements over a 48-h period show little performance degradation. These results demonstrate that SiGe-based switches may provide significant benefits to millimeter-wave systems.Index Terms-Millimeter wave, 94 GHz, reverse saturation, saturation, silicon-germanium (SiGe) heterojunction bipolar transistor (HBT), single-pole double throw (SPDT), switch, transformer.