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  • Loop Insights (MTRX) has implemented its Venue Bubble solution at a live venue environment at Florida’s Gulf Coast Showcase
  • The company’s Venue Bubble is a fully integrated end-to-end solution that encompasses contact tracing, rapid testing, and alert notifications
  • Loop’s solution will be used in Fort Myers, where 14 NCAA college basketball teams are being hosted for a tournament
  • This marks the first time, globally, that contact tracing and rapid testing will be fully integrated into a live environment
  • Loop Insights (MTRX) is up 2.53 per cent and is currently trading for $0.40 per share

Loop Insights (MTRX) has implemented its Venue Bubble solution at a live venue environment at Florida’s Gulf Coast Showcase.

The Venue Bubble is a fully integrated end-to-end solution that encompasses various technologies used to identify and respond to COVID-19. These include contact tracing, rapid testing, integrated lab results, and exposure alert notification capabilities.

Loop Insights’ solution will be used in Fort Myers, Florida, at the Gulf Coast Showcase. The so-called #BeachBubble tournament is hosting 14 NCAA Division I men’s and women’s college basketball teams. 

All team members, game operations staff, officials, and attendees of the events will have access to venue tracing, contactless entry, testing, and personalised engagement. The company’s solution will be deployed across the convention centres, hotels, practice facilities, and the Hertz and Alico Arenas.

This marks the first time, globally, that contact tracing and rapid testing will be fully integrated into a live environment.

Loop Insights’ CEO, Rob Anson, commented on the milestone moment for the company and its shareholders.

“Today’s announcement establishes Loop as a global force in COVID-19 venue solutions.

“Loop progresses beyond just contact tracing and delivers a full working “Venue Bubble” solution that incorporates every element of safety and commerce that venues worldwide need to open for business.

“Given the responses we had from our AWS webinar and the resulting conversations we are having with global hospitality companies, we are optimistic that delivering this working solution in a live environment will lead to significant business,” he said.

Loop Insights (MTRX) is up 2.53 per cent, and trading for $0.40 per share, as of 2:50pm EST.

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