This compound is primarily utilized in the development of advanced organic electronic materials due to its unique chiral and conjugated structure. Its application is significant in the design of organic light-emitting diodes (OLEDs), where it serves as a high-performance emissive layer material, enhancing device efficiency and color purity. Additionally, it is employed in the synthesis of chiral catalysts for asymmetric organic reactions, contributing to the production of optically active pharmaceuticals and fine chemicals. Its rigid spirobiindene framework also makes it a promising candidate for use in organic semiconductors and photovoltaic devices, improving charge transport and stability.