Embodiments of digital high-speed bi-phase modulator and method for bi-phase modulation are generally described herein. In some embodiments, the digital high-speed bi-phase modulator comprises a high-speed digital divider, a high-speed digital multiplexer, and matched signal paths provided between the divider and the multiplexer. The high-speed digital divider is configured to receive a carrier signal and generate complementary output signals. The high-speed digital multiplexer is configured to switch between the complementary output signals and generate a bi-phase modulated output at a carrier frequency (fc) modulated with a bi-phase code. The bi-phase code may be provided to control inputs of the multiplexer.