Used as a high-performance dye intermediate in the production of specialty dyes for textiles and polymers, offering excellent light and thermal stability. Employed in the synthesis of electroactive materials for organic semiconductors and OLEDs due to its extended conjugated structure. Also investigated as a ligand in catalytic systems for cross-coupling reactions, enhancing reaction efficiency and selectivity. Shows potential in photoredox catalysis owing to its strong absorption in the visible range and tunable redox properties. Additionally, its fluorescent properties make it suitable as a tracer in biochemical research, sensitive to environmental conditions.