Used as an intermediate in organic synthesis, particularly in the development of energetic materials and pharmaceuticals due to its electron-deficient aromatic system and ability to undergo nucleophilic substitution. Its furoxan ring contributes to high energy content, making it valuable in the design of explosives and propellants. Also investigated for its potential in medicinal chemistry, especially in compounds with antimicrobial or antitumor activity, owing to its ability to act as a bioisostere for nitroaromatics.