Used as a high-energy density fuel additive due to the strained cubane backbone, which releases significant energy upon decomposition. Its ester groups improve solubility and stability in liquid fuel systems, making it suitable for advanced propulsion applications. Also investigated as a building block in specialty polymers where rigidity and thermal stability are required. The isopropyl and methyl ester groups allow for further chemical modifications, enabling use in synthetic routes toward pharmaceuticals and energetic materials.