This document summarizes a study on using STATCOM (Static Synchronous Compensator), a FACTS (Flexible AC Transmission Systems) device, to improve the voltage profile of a power system. STATCOM is a shunt device that can regulate reactive power flow independently of system parameters. The study models a 5-bus system in MATLAB and finds that installing STATCOM at bus 4 results in the minimum voltage deviation and best performance compared to buses 2 and 5. In conclusion, implementing STATCOM can help utilize existing transmission infrastructure more efficiently by reducing losses and improving voltage stability.