This compound is primarily utilized in the field of organic electronics and materials science due to its unique photophysical properties. It serves as a key component in the development of organic light-emitting diodes (OLEDs), where it acts as an efficient emitter or host material. Its structure allows for tuning of emission wavelengths, making it suitable for applications in display technologies and lighting solutions. Additionally, it is explored in the synthesis of advanced materials for sensors, particularly those requiring sensitivity to specific wavelengths of light. Its borazine core also makes it a candidate for use in optoelectronic devices, where stability and performance under varying conditions are critical.