This compound is primarily utilized in advanced materials research, particularly in the development of organic semiconductors and optoelectronic devices. Its unique structure, featuring anthracene groups and a dioxaphosphepin core, makes it suitable for applications in organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). The anthracene moieties contribute to enhanced electron mobility and stability, which are critical for improving the efficiency and lifespan of these devices. Additionally, the compound’s ability to form stable thin films is advantageous in the fabrication of high-performance electronic components. Researchers also explore its potential in sensing applications due to its fluorescence properties, which can be tailored for specific detection mechanisms.