A new type of heterotransistor based on an AlGaAs/GaAs/InAs/GaAs/InAs structure with a layer of InAs quantum dots embedded directly into the GaAs channel is fabricated. High values of the maximum saturation current (up to 35 A/cm) and transconductance (up to 1300 mS/mm) are attained. The specific features of the current-voltage characteristics of the new device are explained in the context of a model that takes into account the ionization of quantum dots in high electric fields and tenfold enhancement of the electron drift velocity in a structure with an InAs quantum-dot layer in the vicinity of an AlGaAs/GaAs heterojunction.