The electron beam additive manufacturing (EBAM) method was applied in order to fabricate rectangular-shaped NiTi component. The process was performed using an electron beam welding system using wire feeder inside the vacuum chamber. NiTi wire containing 50.97 at.% Ni and showing martensitic transformation near room temperature was used. It allowed to obtain a good quality material consisting of columnar grains elongated into the built direction growing directly from the NiTi substrate, which is related to the epitaxial grain growth mechanism. As manufactured material showed martensitic and reverse transformations diffused over the temperature range from −10 to 44 °C, the applied aging at 500° C moved the transformation to higher temperatures and transformation peaks became sharper. The highest recoverable strain of about 3.5% was obtained in the as-deposited sample deformed along the deposition direction. In the case of deformation of the alloy aged at 500 °C for 2h, the formation of martensite occurs at significantly lower stress; however, at about 2.5% the stress begins to increase gradually and only a small shape recovery was observed due to a higher martensitic transformation temperature. In situ SEM tensile deformation in the direction perpendicular to deposition direction showed that the martensite began to appear at the surface of the sample and at the grain boundaries due to heterogeneous nucleation. In situ studies allowed to determine the following crystallographic relationships between B2 and B19’ martensite: (100)B2||(100)B19’ and (100) B2 || (011)B19’; (011)B2|| (001)B19’ and $${(011)}_{\mathrm{B}2}||{\left(11\bar{1 }\right)}_{\mathrm{B}1{9}^{\mathrm{^{\prime}}}}$$
(
011
)
B
2
|
|
11
1
¯
B
1
9
′
. Samples aged at 500 °C exhibited fully austenitic microstructure; however, with increasing degree of deformation, the formation of martensite was observed. The majority of needles were tilted about 45° with respect to the tensile direction, and the presence of type I (11 $$\bar{1 }$$
1
¯
) invariant twin boundaries was observed at higher degrees of deformation.