8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report

January 25, 2008

(Date of earliest event reported)

SPACEHAB, Incorporated

(Exact name of registrant as specified in its charter)

Washington	0-27206	91-1273737
(State or other jurisdiction of	(Commission File Number)	(I.R.S. Employer
incorporation or organization)	Identification Number)

12130 State Highway 3, Building 1

Webster, Texas  77598

(Address of principal executive offices, including zip code)

(713) 558-5000

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 5 — Corporate Governance and Management

Item 5.02.  Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

On January 23, 2008, the Board of Directors of SPACEHAB, Incorporated (the “Company”), acting on the recommendation of the Governance and Nominating Committee of the Board, approved the addition of General (Ret.) Lance W. Lord, R. Scott Nieboer, John A. Oliva, and William F. Readdy to the Board.

General (Ret.) Lance Lord served as Commander of Air Force Space Command at the Peterson Air Force Base in Colorado where he oversaw a global network of satellite command and control, communications, missile warning and launch facilities, and ensured the combat readiness of America’s intercontinental ballistic missile force. The recipient of several prestigious military decorations throughout his career — including the Distinguished Service Medal, Legion of Merit, and the Defense Meritorious Service Medal — General Lord entered the Air Force in 1969 and retired in 2006.

R. Scott Nieboer is a Manager of Trace Management, LLC which directs Trace Partners, LP, an investment partnership, and Chief Manager of Curtiswood Capital, a wholly owned subsidiary of Trace Partners, LP. A Broker-Dealer registered with the Financial Industry Regulatory Authority (FINRA) (NASD), Nieboer also serves as Chief Executive Officer of a startup company, 5th Market, Inc. which specializes in electronic complex trading systems for institutional investors.

John A. Oliva has 26 years of experience in the private equity, investment banking, capital markets, branch management, and asset management sectors. He is the Managing Principal of Capital City Advisors Inc. (CCA), a NASD/FINRA registered broker/dealer and independent investment banking and advisory firm. Since 2002, CCA has provided financial advisory services, including mergers and acquisitions and raising expansion capital to select mid-tier companies. Mr. Oliva, who holds eight NASD/FINRA licenses including the Managing Principal and Financial Principal licenses, also co-manages the Indo-American Growth Fund.

William F. Readdy dedicated more than 30 years of service to the United States as a military officer, pilot, astronaut, and civil service executive. A decorated naval aviator, Readdy joined NASA in 1986 and was tapped for the astronaut corps just one year later. Throughout his astronaut career, Readdy logged more than 672 hours in space on three shuttle missions serving as commander on his third flight, STS-79. In 2001, Readdy was appointed as NASA’s associate administrator for space operations where he led a $6 billion-a-year enterprise comprising five major programs, four field installations, and more than 40,000 civil servant and contractor employees. Among many awards of distinction Readdy earned throughout both his military and NASA careers, he was honored as a Meritorious Rank Executive by President George W. Bush and awarded NASA’s highest honor, the Distinguished Service Medal twice.

A copy of the Company’s press release dated January 25, 2008, announcing this event is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated by reference herein.

Section 9 — Financial Statements and Exhibits

Item 9.01.  Financial Statements and Exhibits

(d)  Exhibits

Exhibit Number	Title of Document
99.1	Press release dated January 25, 2008 announcing the new additions to the Company’s Board of Directors.

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	SPACEHAB, Incorporated
January 25, 2008	By:	/s/ Brian K. Harrington
		Brian K. Harrington
		Sr. Vice President and Chief Financial Officer

3

EX-99.1

Exhibit 99.1

SPACEHAB, Inc.
12130 Highway 3, Bldg. 1
Webster, Texas 77598-1504
1.713.558.5000
fax: 1.713.558.5960
www.spacehab.com

FOR IMMEDIATE RELEASE

SPACEHAB ANNOUNCES NEW ADDITIONS TO BOARD OF DIRECTORS

Houston, Texas, January 25, 2008 — SPACEHAB Incorporated, (NASDAQ: SPAB), a provider ofcommercial space services, today announced the Company’s Board of Directors has approved theaddition of General (Ret.) Lance W. Lord, R. Scott Nieboer, John A. Oliva, and William F. Readdy toSPACEHAB’s Board of Directors.

General (Ret.) Lance W. Lord

General (Ret.) Lance Lord served as Commander of Air Force Space Command at the Peterson Air ForceBase in Colorado where he oversaw a global network of satellite command and control, communications,missile warning and launch facilities, and ensured the combat readiness of America’s intercontinentalballistic missile force. The recipient of several prestigious military decorations throughout his career —including the Distinguished Service Medal, Legion of Merit, and the Defense Meritorious Service Medal— General Lord entered the Air Force in 1969 and retired in 2006.

R. Scott Nieboer

R. Scott Nieboer is a Manager of Trace Management, LLC which directs Trace Partners, LP, an investmentpartnership, and Chief Manager of Curtiswood Capital, a wholly owned subsidiary of Trace Partners, LP. ABroker-Dealer registered with the Financial Industry Regulatory Authority (FINRA) (NASD), Nieboer alsoserves as Chief Executive Officer of a startup company, 5th Market, Inc. which specializes in electroniccomplex trading systems for institutional investors.

John A. Oliva

John A. Oliva has 26 years of experience in the private equity, investment banking, capital markets, branchmanagement, and asset management sectors. He is the Managing Principal of Capital City Advisors Inc.(CCA), a NASD/FINRA registered broker/dealer and independent investment banking and advisory firm.Since 2002, CCA has provided financial advisory services, including mergers and acquisitions and raisingexpansion capital to select mid-tier companies. Mr. Oliva, who holds eight NASD/FINRA licenses includingthe Managing Principal and Financial Principal licenses, also co-manages the Indo-American Growth Fund.

William F. Readdy

William F. Readdy dedicated more than 30 years of service to the United States as a military officer, pilotastronaut, and civil service executive. A decorated naval aviator, Readdy joined NASA in 1986 and was tappedfor the astronaut corps just one year later. Throughout his astronaut career, Readdy logged more than 672 hoursin space on three shuttle missions serving as commander on his third flight, STS-79. In 2001, Readdy wasappointed as NASA’s associate administrator for space operations where he led a $6 billion-a-year enterprisecomprising five major programs, four field installations, and more than 40,000 civil servant and contractoremployees. Among many awards of distinction Readdy earned throughout both his military and NASA careers,

he was honored as a Meritorious Rank Executive by President George W. Bush and awarded NASA’s highesthonor, the Distinguished Service Medal twice.

The Board determined that John A. Oliva qualifies as an independent director and financial expert andwas appointed Chairman of the audit committee. He joins Barry Williamson and Mark Adams on thecommittee.

“SPACEHAB is both delighted and honored with the addition of this distinguished group of outstandingleaders in their respective fields,” said SPACEHAB, Inc. Chief Executive Officer, Thomas B. Pickens,III. “Their collective experience is as successful as it is diverse, qualities from which SPACEHAB and itsshareholders will most certainly benefit in the near and long term future. With our new board membersthe Company is ideally positioned to move into our identified markets of opportunity with cleardirection,” said Pickens.

About SPACEHAB, Incorporated

SPACEHAB is a commercial and entrepreneurial force in the space industry providing a full spectrum ofproducts and services to both the government and private sectors. The Company offers space access andpayload integration services, production of valuable commercial products in space, spacecraft pre-launchprocessing facilities and services, development and extension of space-based products to the consumermarket, and program and engineering support ranging from development and manufacturing of flighthardware to large scale government project management.

The statements in this document may contain forward-looking statements that are made pursuant to the Safe Harborprovisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks,trends, and uncertainties that could cause actual results to be materially different from the forward-looking statement.These factors include, but are not limited to, continued government support and funding for key space programs, productperformance and market acceptance of products and services, as well as other risk factors and business considerationsdescribed in the company’s Securities & Exchange Commission filings including the annual report on Form 10-K. Anyforward-looking statements in this document should be evaluated in light of these important risk factors. The Companyassumes no obligation to update these forward-looking statements.

FOR MORE INFORMATION:

Eva-Marie deCardenas

Corporate Marketing and Communications

SPACEHAB, Inc.

713.558.5071

edecardenas@spacehab.com

###