Hot Isostatic Pressing (HIP) has been used for several decades within different industries for a wide variety of applications . During the recent years HIP has become an important post process for metal additive manufacturing (AM) to secure material performance and quality. The HIP process uses a high isostatic pressure and elevated temperature to densify additively manufactured material by eliminating internal defects. The elimination of defects results in improved material properties such as fatigue, creep, ductility and fracture toughness [2-8]. HIP have historically been used only for densification and defect elimination and any modification and optimization of a material’s microstructure is usually performed after the HIP process in a separate heat treatment step in separate equipment e.g. a vacuum furnace. The main reason that these processes have been performed separately is that the achievable cooling rates in HIP systems have traditionally been relatively low, lower than what many materials require for heat treatment to for example create martensite or a super saturated condition.