This compound is primarily utilized in advanced materials research, particularly in the development of organic electronic devices. Its unique structure, incorporating pyrenyl groups, makes it a promising candidate for use in organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). The compound’s ability to facilitate efficient charge transport and its photoluminescent properties are key factors in enhancing the performance of these devices. Additionally, it is being explored for potential applications in sensors and as a component in optoelectronic systems due to its stability and responsiveness to light. Researchers are also investigating its use in the synthesis of novel phosphorescent materials, which could lead to breakthroughs in energy-efficient lighting and display technologies.