Used in organic light-emitting diodes (OLEDs) as an electron-transport material due to its good thermal stability and electron mobility. Also serves as a building block in the synthesis of pharmaceuticals and biologically active compounds. Its rigid aromatic structure makes it useful in the development of fluorescent sensors and dyes. Additionally, it is studied in materials science for its potential in optoelectronic devices and as a ligand in metal-organic complexes for catalysis.