This document describes a method for solving voltage stability problems in electrical power systems using Field Programmable Gate Array (FPGA) circuits. The modal analysis method and Q-V curves are used to analyze voltage stability and identify weak buses. Two Spartan 3 FPGAs are used - one to receive power system data from a computer and the other to transmit data to network components to implement reactive power corrections online using wireless communication. The method is demonstrated on the 9-bus WSCC test system, where bus 5 is identified as the weakest bus. Q-V curves confirm this and show stability margins increase after compensation is applied through the FPGA system.