Used as an intermediate in organic synthesis, particularly in the preparation of functional materials for optoelectronic devices. It serves as a building block in the development of fluorescent dyes and phosphorescent compounds due to its rigid, conjugated structure. Its nitro group allows for further chemical modifications, enabling the tuning of electronic properties in materials used in OLEDs and sensors. Also investigated for use in nonlinear optical materials owing to its polarized electron structure and thermal stability.