This compound is primarily utilized in the field of organic electronics due to its unique photophysical properties. It serves as an efficient organic semiconductor material, often incorporated into organic light-emitting diodes (OLEDs) to enhance their performance. Its structure allows for effective charge transport, making it suitable for use in thin-film transistors and photovoltaic devices. Additionally, it is explored for applications in fluorescent sensors, where its pyrenyl groups contribute to high sensitivity and selectivity in detecting specific analytes. The compound’s stability and luminescent properties also make it a candidate for use in optoelectronic research and development.