Used as a highly reactive organometallic reagent in catalysis, particularly in reactions involving C–H activation and cross-coupling transformations. Its electron-rich iron center facilitates redox-active behavior, making it valuable in the development of novel synthetic methodologies for complex organic molecules. Also employed in materials science for the deposition of iron-containing thin films via chemical vapor deposition (CVD) processes. Shows potential in academic research for modeling electron transfer processes due to its stable sandwich structure and reversible oxidation properties.