This compound is primarily utilized in the development of organic electronic materials due to its excellent photophysical properties. It serves as a key building block in the synthesis of organic semiconductors, which are essential for manufacturing flexible displays and light-emitting diodes (LEDs). Additionally, its structure makes it suitable for use in organic photovoltaic cells, where it helps improve the efficiency of solar energy conversion. The compound's ability to form stable and highly ordered thin films is particularly advantageous in the fabrication of optoelectronic devices. Furthermore, it is explored in research for potential applications in sensors and as a fluorescent probe in biological imaging, leveraging its strong fluorescence and sensitivity to environmental changes.