This compound is primarily utilized in advanced materials research, particularly in the development of organic light-emitting diodes (OLEDs). Its unique structure enables efficient electron transport and light emission, making it a valuable component in the design of high-performance display and lighting technologies. Additionally, it is explored for use in organic photovoltaic cells due to its ability to enhance charge transfer and improve energy conversion efficiency. Researchers also investigate its potential in optoelectronic devices, leveraging its photophysical properties for applications in sensors and other electronic systems.