I have not tried a satellite connection, but I expect that you would have a very poor experience if you even got a connection.
I put a sniffer on the Extender to determine what had to make it through the router (Verizon Tech Support knows very little other than port numbers). Once the connection is established, there is extremely chatty traffic on port 500. Satellite connections have high latency and do poorly with back and forth conversations. They do best with longer sequences of traffic inbound to your computer. The extender deals with short packets in alternating directions. This is about the worst traffic profile for a satellite connection.