Used as a phosphorescent emitter in organic light-emitting diodes (OLEDs), particularly in display and lighting technologies. Its structure enables efficient red to near-infrared emission, making it suitable for deep red OLEDs with high color purity. Exhibits good thermal stability and quantum efficiency, which enhances device performance and longevity. Commonly employed in dopant layers to achieve high electroluminescence efficiency through triplet exciton harvesting in both small-molecule and solution-processed OLED architectures. Also explored in sensing and photocatalytic applications due to its long-lived excited states and tunable redox properties.