Used primarily in the field of organic electronics, this compound serves as a key material in the development of organic light-emitting diodes (OLEDs) due to its excellent electron-transporting properties. It is also utilized in the synthesis of photoactive layers in photovoltaic devices, enhancing their efficiency and stability. Additionally, it finds application in the creation of advanced materials for optoelectronic devices, where its structural properties contribute to improved performance in light emission and energy conversion.