Used extensively in organic electronics, this compound is a key component in the development of high-performance organic photovoltaics due to its excellent electron-accepting properties. It is also employed in the fabrication of organic light-emitting diodes (OLEDs) where it enhances device efficiency and stability. Additionally, its strong fluorescence makes it suitable for use in fluorescent dyes and sensors, particularly in biological imaging and environmental monitoring. The compound’s robust thermal and chemical stability further allows its application in advanced materials, such as in the creation of durable coatings and high-temperature resistant polymers.