LoopX

LoopX is an AI technology company based in Waterloo, Ontario, Canada, founded in 2022. The company focuses on developing Physical AI-powered solutions specifically for the mining and heavy industry sectors. LoopX aims to enhance safety, improve productivity, and address labor shortages, with plans to expand its offerings across various industries.

The company's main product is the Safe and Smart Mining Platform, which includes the Situational Awareness System (SAS). This AI-driven solution provides real-time detection of people, vehicles, and hazards, along with automatic tracking of loads and machine usage. The platform features an operator-friendly Human-Machine Interface and is compatible with all original equipment manufacturers. Additionally, LoopX offers ClairAlert, an alert system designed to improve safety and efficiency in underground mining. The technology has been deployed in multiple mines across Canada, the U.S., and South Africa, and the company has filed several patents to protect its innovations.