This presentation provides an overview of Flexible AC Transmission Systems (FACTS) devices. It defines FACTS as power electronics-based static equipment used to improve power transfer capability and enhance controllability of AC transmission systems. The presentation categorizes FACTS devices based on their connection type to the transmission network and technology. It describes common first and second generation FACTS devices such as SVC, STATCOM, SSSC, TCSC, and UPFC; and their technical benefits regarding load flow control, voltage control, and stability. Potential applications and future enhancements of FACTS are also discussed, along with benefits, operation, and maintenance.