Shape memory alloys (SMAs) represent a revolutionary class of active materials that can spontaneously generate strain based on an environmental input, such as temperature or stress. SMAs can provide potential solutions to many of today's engineering problems due to their compact form, high energy densities, and multifunctional capabilities. While many applications in the biomedical, aerospace, automotive, and defense industries have already been investigated and realized for nickel-titanium (NiTi) based SMAs, the effects of controlling and designing the microstructure through processing (i.e. extreme cold working) have not been well understood. Current Ni-Ti based SMAs could be improved upon by increasing their work output, improving dimensional stability, preventing accidental actuation, and reducing strain localization. Additionally, there is a strong need to increase the transformation temperature above 115 °C, the current limit for NiTi and is especially important for aerospace applications. Previous research has shown that the addition on ternary elements such as Au, Hf, Pd, Pt, and Zr to NiTi can greatly increase these transformation temperatures. However, there are several limiting factors with these ternary additions such as increased cost, especially with Au, Pd, and Pt, as well as, difficulty in conventionally processing these alloys. Therefore, the main objectives of this research …