This chemical is primarily utilized in the field of organic electronics and photonics due to its unique optical properties. It serves as a key component in the development of organic light-emitting diodes (OLEDs) and organic photovoltaic cells (OPVs). Its ability to absorb and emit light in the visible spectrum makes it suitable for use in display technologies and energy conversion devices. Additionally, it is employed in fluorescence-based sensors and imaging agents, where its strong fluorescence and sensitivity to environmental changes enable precise detection and visualization in biological and chemical systems. Its application extends to research in nonlinear optics, where it contributes to the study of light-matter interactions and the development of advanced optical materials.