My “aha” moment occurred in 2004 when, as a junior at the University of Illinois at Chicago, double majoring in physics and engineering, a research paper seized my interest. It was about the role that diamond could play as an electronics material — vastly uncharted territory at the time. I recognized then that diamond technology could spark a seismic change in the electronics industry and I knew I wanted to play a role in making diamond semiconductor a reality.

Then, as now, silicon had been the popular material choice for semiconductor since the 1960s, and it still constitutes 95 percent of the device types available in the market. But it presented several long-term challenges. The perhaps better known problem, popularly expressed as “Moore’s Law” highlights the trend of smaller and faster electronics being physically limited by the capability of silicon — simply put, the speeds and sizes of devices in the market are almost the absolute best the material can physically perform. The still more pressing and visible problem in silicon was that of heat. Historically, heat management with silicon semiconductor devices has proven problematic for power electronics. The cooling methods required were inefficient and served as a major source of e-waste. The industry required a silicon alternative that enabled devices to be smaller, cooler, faster, more powerful, and cleaner.

That defines the diamond semiconductor. What was once considered the “holy grail” of electronics is a true alternative today, both as a silicon supplement and as a standalone semiconductor platform material. No longer just relegated to gem stone status, diamond provides a road map for an unknown number of years ahead in power electronic development and more broadly the global electronics industry.

The Power to Transform Industries

Indeed, many consider that the industry is entering the Dawn of a Diamond Age of Electronics. They believe the world’s hardest-known natural material with exceptional electronic properties will take a variety of industries to the next level of performance. It is on the verge of being the accepted choice to produce today’s most advanced industrial products – and its use in consumer electronics ranks close behind.

Why diamond? It can run hotter without degrading in performance (over 5 times that of Silicon), is more easily cooled (with 22 times the heat transfer efficiency of silicon), can tolerate higher voltages before breaking down, and electrons (and electron-holes) can move faster through them. Already, semiconductor devices with diamond material are available that deliver one million times more electrical current than silicon or previous attempts using diamond.

Diamond-based semiconductors are capable of increasing power density as well as create faster, lighter, and simpler devices. They’re more environmentally friendly than silicon and improve thermal performance within a device. As a result, the diamond materials market for semiconductors can easily eclipse that of the Silicon Carbide, which is seen growing at a 42.03 percent compound annual rate through 2020 from $3.3 Billion in 2014, due to performance, cost, and direct integration with the existing silicon platform.

The Future Is Here

The semiconductor industry dates to 1833, when English natural philosopher Michael Faraday described the “extraordinary case” of his discovery of electrical conduction increasing with temperature in silver sulfide crystals. But it wasn’t until this century that diamonds began to be considered seriously.

A little over a decade since that research paper sparked my interest, my company AKHAN SEMI, in collaboration with Argonne National Laboratory, has developed a series of advancements that allows us to manufacture standalone diamond materials, deposit diamond directly on processed silicon, fabricate complete diamond semiconductor devices, as well as attach diamond material to other electronics materials.

Diamond wafer technology is producing thinner and cheaper devices already in use in information technology, the military and aerospace applications. In addition, diamond semiconductor will have a major impact on the consumer electronics, telecommunications and health industries, among many others, starting as early as 2015.

Automakers are eyeing applications of diamond power devices in control modules for electric cars. Diamond semiconductors can also help better manage battery life and battery systems for a wide variety of devices including phones, cameras and vehicles.

For cloud computer servers, which are stored in data centers that consume vast amounts of energy in an exceedingly wasteful manner, diamond semiconductors use less energy more efficiently while delivering better performance. Because diamond technology shrinks the size and energy needed for a semiconductor, it paves the way for smaller personal electronics from washers and dryers to televisions and digital cameras. As for defense technology, it delivers greater range, reliability, and performance in both normal and extreme/hazardous operating environments.

As a result, diamond semiconductors lead to a greater range and energy efficiency in their applications. They help drive cheaper, faster cloud integration for consumer and business needs. They change the capability of where and how to use our phones, laptops and other personal electronic devices that have yet to be invented with the benefits extending well beyond performance. Power electronics such as diamond semiconductors represent an enormous opportunity to reduce electronic waste and cut electronic cooling costs in half.

The Perfect Synthetic, Not a Blood Diamond

Everyone knows that diamonds are formed in nature over a considerable period of time and cost thousands of dollars on the open market. However, lab-grown diamonds can be produced cleanly and affordably in a factory setting anywhere in the world from some of the most abundant molecules in the universe: methane and hydrogen gases, which are readily available. The process with which I am most familiar is the one my company employs, and utilizes at Argonne National Laboratory in which methane and hydrogen plasma are exposed to microwave energy to form very thin diamond materials over various sizes, thicknesses, and on different materials such as silicon, sapphire, glass, among others.

Once formed, utilizing these thin diamond film materials (about 1/70 the diameter of a human hair) we are able to alter the electronic properties and form device structures that are over a thousand times thinner than the leading silicon counterpart in addition to the previous state-of-the-art in diamond but with also increased performance, allowing the trend of smaller, faster, and more functional to continue.

In just a decade, as silicon reaches its threshold, diamond material is taking its place. It is time to pass the torch to diamond – a superior material that will enable the next generation of innovators to create faster, more powerful and greener electronics.

Adam Khan is founder and CEO of AKHAN Semiconductor.