Abstract. The Nb-Ti-Si-Cr-Al-Hf-Dy alloy was prepared by conventionally casting and then directionally solidified (DS) with the optical floating zone melting technology. Microstructural evolution and mechanical properties of the as cast (AC) and DS alloys were studied by XRD, SEM, TEM, compression and bending tests. The results exhibit that Į-(Nb,Ti) 5 Si 3 , (Ti,Nb) 5 Si 3 and (Nb,Ti)ss phases formed the microstructure of the AC alloy, with precipitates of Cr 2 Nb, Dy 2 O 3 and (Nb,Ti) 3 Si along phase or grain boundaries. The DS alignes (Nb,Ti)ss and Į-(Nb,Ti) 5 Si 3 lamellae parallel to the growth direction and refines the eutectic cell, but coarsens the primary Į-(Nb,Ti) 5 Si 3 phase. The DS alloy exhibits strong orientation of (310) (Nb,Ti)5Si3 and (110) (Nb,Ti)ss along the growth direction. TEM observation reveals that (Nb,Ti)ss and Į-(Nb,Ti) 5 Si 3 phases have an orientation relationship of [110] (Nb,Ti)ss // [310] Į-(Nb,Ti)5Si3 and (002) (Nb,Ti)ss // (002) Į-(Nb,Ti)5Si3 . Compared with the AC alloy, the DS increases the mechanical properties of the alloy obviously and the alloy DS at 8 mm/h exhibits the best mechanical properties.