Widely used in organic light-emitting diodes (OLEDs), this iridium complex serves as a highly efficient phosphorescent emitter. Its strong spin-orbit coupling enables effective harvesting of both singlet and triplet excitons, resulting in high internal quantum efficiency. Commonly employed in red or orange-emitting layers, it contributes to bright, stable light output in display technologies and solid-state lighting. The complex exhibits good thermal stability and film-forming properties when processed via vacuum deposition or solution-based methods. It is also investigated in photocatalytic reactions and as a luminescent probe in sensing applications due to its long-lived excited state and sensitive emission response to environmental changes.