The article seems to assume you know what Project Loom is. (Not to be confused with Google's Project Loon, the balloon thing.)
From https://wiki.openjdk.java.net/display/loom/Main, it's an OpenJDK project:
> Project Loom is to intended to explore, incubate and deliver Java VM features and APIs built on top of them for the purpose of supporting easy-to-use, high-throughput lightweight concurrency and new programming models on the Java platform.
A bit more history/explanation here:
http://cr.openjdk.java.net/~rpressler/loom/loom/sol1_part1.h...