This compound is primarily used in the field of organic electronics and optoelectronics due to its strong light-absorbing and emitting properties. It is often employed as a fluorescent dye in various applications, including biological imaging and sensing, where its ability to emit bright fluorescence under specific conditions is highly valuable. Additionally, it is utilized in the development of organic light-emitting diodes (OLEDs) and other photonic devices, where its optoelectronic characteristics enhance device performance. The compound's stability and sensitivity to environmental changes also make it suitable for use in chemical sensors and detectors.