“…Alloys undergoing thermoelastic martensitic phase transformations (TMPTs) have a great innovative potential for a variety of structural and functional applications due to the effects of shape memory (SM), giant superelasticity (GS), elastic- and magnetocaloric (EMC) and other phenomena [ 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10 ]. Notable among these alloys, of course, are the atomically ordered L 2 1 Heusler alloys, which exhibit a ferromagnetic ordering below the Curie temperature T C [ 10 , 11 , 12 , 13 , 14 , 15 , 16 , 17 , 18 , 19 ]. For alloy compositions with the electron concentration e / a < 7.7, TMPT occurs from a ferromagnetic parent phase (i.e., M s < T C , where M s is the temperature at the start of martensitic transformation).…”