This compound is widely used in the field of organic electronics due to its excellent electron-transporting properties. It serves as a key component in the development of organic light-emitting diodes (OLEDs), where it enhances device efficiency and stability. Additionally, it is employed in the fabrication of organic photovoltaics (OPVs) to improve charge separation and overall performance. Its ability to act as a fluorescent probe also makes it valuable in bioimaging and sensing applications, providing high sensitivity and specificity in detecting biological molecules. Furthermore, it is utilized in the synthesis of advanced materials for optoelectronic devices, contributing to innovations in display technologies and renewable energy solutions.