Used in organic electronics as a semiconductor material due to its rigid, conjugated structure and electron-withdrawing cyano and nitro groups. It is incorporated into thin-film transistors and photovoltaic devices to enhance electron transport and improve device efficiency. Its fused ring system with bridging ethano group provides thermal stability and resistance to photo-degradation, making it suitable for long-lasting optoelectronic applications. Also explored in fluorescent sensors for detecting nitroaromatic explosives due to its selective quenching behavior in the presence of electron-deficient analytes.