Used as a catalyst in organic synthesis, particularly in cross-coupling reactions and C–H activation processes. Exhibits high efficiency in promoting carbon–carbon and carbon–heteroatom bond formations under mild conditions. Also applied in photoredox catalysis due to its ability to absorb visible light and generate reactive radical species. Its extended aromatic structure enhances stability and electron transfer properties, making it suitable for use in sustainable chemical transformations, materials science research, and optoelectronic devices such as organic solar cells and luminescent materials.