This chemical is primarily used 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 other optoelectronic devices. Its structure allows for efficient light emission and charge transport, making it suitable for use in display technologies and lighting solutions. Additionally, it is employed in research for designing advanced fluorescent probes and sensors, particularly in biological imaging, where its stability and brightness are advantageous. The compound is also explored in the synthesis of novel materials for photovoltaics, contributing to the development of more efficient solar cells.