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 high-color-purity applications. The compound exhibits good thermal stability and quantum efficiency, which enhances device performance and longevity. Commonly employed in dopant layers of OLEDs to achieve bright and energy-efficient emission. Also investigated in photocatalytic systems and light-driven molecular devices due to its strong spin-orbit coupling and long-lived excited states.