Used in organic electronics as a fluorescent emitter and electron donor material in photovoltaic cells. Its extended aromatic structure with electron-rich methoxy groups enhances light absorption and charge transfer properties, making it suitable for use in dye-sensitized solar cells and organic light-emitting diodes (OLEDs). Also employed as a photosensitizer in photochemical reactions due to its ability to absorb visible light and generate excited states that facilitate energy or electron transfer. Additionally, it serves as a building block in the synthesis of functional materials for molecular electronics and sensors.