High-performance and lightweight shape memory alloys (SMAs) play a pivotal role in a variety of cutting-edge fields like aerospace, which however, are still quite difficult to be obtained until now. In the present work, we meticulously develop a novel lightweight Ti-12.5V-3.5Al-1Hf-0.8Fe-0.01B (at.%) SMA, which has a low mass density of ∼4.73 g/cm3. Prominently, distinct from the conventional wisdom in previous studies that is mainly based on eliminating grain boundaries or developing desired texture, we utilize the grain refinement strategy introduced by elaborate thermal-mechanical training, which effectively enables us to achieve exceptional shape memory response and strength-ductility combination simultaneously. It was revealed that a dominant β phase structure is achieved in this newly designed fine-grain SMA, accompanied by some α″ variants penetrating the grain boundaries. Compared to the coarse-grained counterpart, the deformation process becomes more intricate, involving stress-induced martensitic transformation and additional reorientations, which ultimately results in an unusually large recoverable strain up to 9.3 %. Furthermore, the fine-grain structure also contributes to an enhanced specific yield strength up to ∼159 MPa·m³/kg, while maintaining a large tensile ductility of ∼30 %. In light of its impressive structure-function integration and cost efficiency, this new-type SMA would emerge as a promising candidate for various advanced lightweight applications in a broad spectrum of fields.
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