Time-Reversal Invariant Topological Superconductivity in Planar Josephson Bijunction

We consider a Josephson bijunction consisting of a thin $SIS$ $\pi$-Josephson junction sandwiched between two-dimensional semiconducting layers with strong Rashba spin-orbit interaction. Each of these layers forms an $SNS$ junction due to proximity-induced superconductivity. The $SIS$ junction is assumed to be thin enough such that the two Rashba layers are tunnel-coupled. We show that, by tuning external gates, this system can be controllably brought into a time-reversal invariant topological superconducting phase with a Kramers pair of Majorana bound states being localized at the end of the normal region for a large parameter phase space. In particular, in the strong spin-orbit interaction limit, the topological phase can be accessed already in the regime of small tunneling amplitudes.