The case for replacing the electron transistor

McKinsey projects $1.8T in semiconductors by 2030. The electron transistor is hitting atomic-scale limits. The photonic switch is the inevitable successor.

At 112 Gbps, copper reaches only 2 meters. The $67B optical interconnect market exists because physics demands it.

945 TWh by 2030. 40% of AI data centers will be power-constrained by 2027. Photonic computing is the only thermodynamic exit.

$2 trillion in quantum value locked behind $20M dilution refrigerators. QLT operates at 300K. The entire TAM unlocks.

Why QLT's ODR photonic processor is the first credible replacement for the electron transistor since 1947.

Optical Distortion Reversal as a structural waveguide layer — not a lab trick — makes room-temperature quantum computing possible.

Operating at 300K changes every assumption — deployment footprint, cost structure, and total addressable market.

Fiber-attach, hermetic sealing, and co-packaging determine whether a quantum chip is a product or a lab demo.

Data centers will consume 980 TWh by 2030. Photonic computing cuts that by 50–80%.

When quantum compute goes from a building-sized facility to a chip that fits in your hand. Field-deployable, room-temp.

Room-temperature coherence enables quantum networking without cryogenic repeaters.

GPUs compute with electrons that generate heat. Photonic chips compute with light that doesn't. Thermodynamic inevitability.

Vertical integration, IP security, Texas OZ tax optimization, and why QLT skips intermediate lab stages.

QLT's patent moat is organized around one product — every filing ladders up to the ODR processor.

McKinsey projects $1.3–2T in quantum value by 2035. Here's where the value lands — and why 300K operation captures it.

QLT is building a chip, filing patents, and manufacturing hardware. Three-phase capital plan: $25M → $150M → $1.2B.