{"id":75383,"date":"2014-12-18T17:57:30","date_gmt":"2014-12-18T09:57:30","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/digitalglobe-extends-useful-lives-of-two-satellites\/"},"modified":"2014-12-18T17:57:30","modified_gmt":"2014-12-18T09:57:30","slug":"digitalglobe-extends-useful-lives-of-two-satellites","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/digitalglobe-extends-useful-lives-of-two-satellites\/","title":{"rendered":"DigitalGlobe Extends Useful Lives of Two Satellites"},"content":{"rendered":"<\/p>\n<p>[Via Satellite 12-18-2014] As a result of its annual satellite life review, <b>DigitalGlobe <\/b>will extend the useful lives of two of its satellites: WorldView 1 and WorldView 2. The company has also assigned an initial useful life to its newest satellite, WorldView 3 that is slightly longer than the original use lives assigned to its two predecessors.<\/p>\n<p>The extended use lives will drive improved capital efficiency, lower capital expenditures, and better cash flows for&nbsp;DigitalGlobe. WorldView 1 will be extended by 2.5 years to 13 years \u2014 a 24 percent lifespan improvement \u2014 and WorldView 2 will be extended two years to 13 years \u2014 an 18 percent lifespan improvement.<\/p>\n<p>\u201cExtending the useful lives of our satellites will further reduce the capital required to sustain this unmatched capability over the long term. We expect this to result in a less capital intensive business model, improved free cash flow and returns, and improving shareholder value,\u201d said&nbsp;Jeffrey R. Tarr, CEO of&nbsp;DigitalGlobe. In addition, the use-life extensions will result in non-cash reductions to revenue and depreciation expense effective&nbsp;Oct. 1.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[Via Satellite 12-18-2014] As a result of its annual satellite life review, DigitalGlobe will extend the useful lives of two of its satellites: WorldView 1 and WorldView 2. The company has also assigned an initial useful life to its newest satellite, WorldView 3 that is slightly longer than the original use lives assigned to its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":75385,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-75383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/75383"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=75383"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/75383\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/75385"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=75383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=75383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=75383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}