Used as a fluorescent probe in biochemical and analytical applications due to its strong emission properties. Exhibits high sensitivity to environmental polarity, making it suitable for studying membrane dynamics and protein interactions. Employed in the development of organic light-emitting diodes (OLEDs) as an emissive or charge-transport material. Acts as a photosensitizer in photodynamic therapy research, showing potential for targeted cancer treatment. Also utilized in supramolecular chemistry for designing sensors and molecular recognition systems.