InGaAlAs/GaAsSb/InP Double HBTs with micrometer emitter size were designed, processed and characterized with DC, microwave and power performance for the first time. In addition to the advantages of using type-II band line-up at base-collector junction, the DHBT structure results in small turn-on voltage and ballistic launching of electrons due to the positive conduction band discontinuity from the emitter to base. Fabricated large DHBTs showed high DC gain (>80), small turn-on voltage of 0.62V, almost zero offset voltage, and nearly ideal base and collector current characteristics. Small DHBTs demonstrated VCEO >8V and stable operation at high current density exceeding 100kA/cm2. Maximum fT of 57GHz and maximum fmax of 66GHz were achieved from 1×20μm2 device at JC = 8.0×104 A/cm2 and VCE=3.5V. Preliminary power measurement of 2×15μm2 device showed a linear gain of 10dB and compressed output power of 5dBm at 5GHz.