Used primarily in organic electronics due to its strong electron-accepting properties and stable radical anion formation. It serves as a building block in the synthesis of conjugated polymers and small molecules for organic semiconductors. Also employed in photovoltaic cells as an electron-transport material. Its rigid, planar structure enhances π-π stacking, improving charge carrier mobility in thin-film transistors. Additionally, it acts as a fluorescent probe in sensing applications owing to its environment-sensitive emission characteristics.