Used as a high-performance near-infrared (NIR) fluorescent dye in organic electronics and bioimaging. Exhibits strong absorption and emission in the NIR region, making it suitable for deep-tissue imaging with minimal background interference. Employed in organic photovoltaics (OPVs) and organic light-emitting diodes (OLEDs) as an electron-accepting material due to its excellent charge transport properties and stability. Also utilized in laser dyes and as a sensitizer in photodynamic therapy research. Its bulky substituents enhance solubility and prevent aggregation, improving performance in thin-film devices.