Used as a phosphorescent emitter in organic light-emitting diodes (OLEDs), particularly in display and lighting technologies. Its structure enables efficient red to near-infrared emission with high quantum yield, making it suitable for deep-red pixels in full-color OLED displays. The compound exhibits good thermal stability and film-forming properties when deposited via vacuum sublimation. It is also investigated in photocatalytic reactions due to its strong visible light absorption and long-lived excited states. Additionally, it serves as a dopant in emissive layers to enhance device efficiency and color purity in electroluminescent devices.