Used primarily in organic synthesis and materials science, this compound serves as a building block for conjugated systems in the development of organic semiconductors and optoelectronic devices. Its rigid, planar structure with extended π-conjugation makes it suitable for applications in organic light-emitting diodes (OLEDs) and field-effect transistors (OFETs). It is also employed in the synthesis of advanced polymers and liquid crystals, where molecular rigidity and electronic properties are critical. Additionally, its alkyne functionality allows for use in click chemistry and palladium-catalyzed coupling reactions, facilitating the construction of complex molecular architectures in pharmaceutical and agrochemical research.