This chemical is primarily used in the field of organic electronics due to its excellent photophysical properties. It serves as a key component in the development of organic light-emitting diodes (OLEDs), where it acts as an emissive layer material, enhancing the efficiency and brightness of the display. Additionally, it is utilized in the fabrication of organic photovoltaic (OPV) cells, contributing to improved light absorption and energy conversion. Its ability to form stable thin films makes it suitable for use in sensors and optoelectronic devices, where precise and reliable performance is essential. Furthermore, it is explored in research for potential applications in fluorescence imaging and as a molecular probe in biological studies.