A wide variety of experiments, of which the Double Slit experiment is the most dramatic, can be used to establish that matter is best represented as a wave on microscopic scales. Once you represent matter as a wave, then it is natural to associate its position with the spread of the wave, and its wavelengthmomentum with the momentumwavelength of the wave. Once you do this, however, it should be clear that there is a tradeoff between a well defined ''location'' of the wave, and a well defined ``wavelength'' of the wave. Therefore, one cannot simultaneously precisely define a particle's position and momentum. Extra precision in one must come with a lost in precision in the other.
I believe the author accidentally swapped "momentum" and "wavelength" in this sentence.