Optimization of the electrical characteristics of GaN/AlGaN HFETs grown on SiC substrates by ammonia‐MBE is reported. By optimizing the growth conditions, GaN/AlGaN HFETs with room temperature mobilities of ∼1000 cm2/Vs and electron sheet densities of up to 1.9 × 1013 cm—2 have been grown on SiC substrates with good reproducibility. These characteristics are comparable to the best characteristics of the GaN/AlGaN HFETs grown on sapphire. Devices fabricated from these optimized HFET layers showed excellent characteristics, e.g. maximum drain current density of 1.3 A/mm, fT of 70 GHz, fMAX of 130 GHz were measured for devices with 0.25 μm gate length and 100 μm gate width.