This chemical is primarily utilized in the field of organic electronics, particularly in the development of advanced materials for optoelectronic devices. Its unique structure, featuring pyrenyl groups and spirobiindene units, makes it highly effective in enhancing the performance of organic light-emitting diodes (OLEDs). The compound is often incorporated into the emissive layer of OLEDs to improve charge transport properties and luminescence efficiency. Additionally, it is employed in the synthesis of organic semiconductors, where its ability to form stable and ordered molecular arrangements contributes to the overall conductivity and stability of the material. Researchers also explore its potential in photovoltaic applications, leveraging its light-absorbing characteristics to improve the efficiency of organic solar cells.