Used extensively in organic electronics, this compound is a key material in the development of high-performance organic photovoltaics and field-effect transistors due to its excellent charge transport properties. It is also employed in the production of dyes and pigments, offering vibrant colors and stability for use in inks, coatings, and plastics. Additionally, its fluorescent properties make it valuable in biological imaging and sensing applications, where it aids in the detection of various analytes. The compound's ability to form stable, ordered structures is leveraged in nanotechnology for creating nanostructured materials with specific electronic and optical characteristics.