Used as a catalyst in organic synthesis, particularly in reactions involving carbon-hydrogen bond activation and coupling reactions. It also serves as a precursor in the preparation of molybdenum-containing thin films for electronic and optoelectronic devices. In research settings, it is employed in the development of new molybdenum-based materials with potential applications in energy storage and conversion, such as batteries and fuel cells. Its reactivity makes it useful in the synthesis of other molybdenum compounds for industrial catalysts and lubricant additives.