Used as a phosphorescent emitter in organic light-emitting diodes (OLEDs), particularly in red and near-infrared emission layers. Its structure enables efficient electroluminescence with good color purity, making it suitable for display technologies and solid-state lighting. The compound is often incorporated into the emissive layer of OLED devices due to its high quantum yield and thermal stability. It is also studied in sensing applications and as a dopant in host-guest systems to improve device efficiency.