** Shares of Vection Technologies rise as much as 25% to A$0.025, their highest levels since Dec 2
** Stock logs its best trading session since mid-November
** Co announces new contracts with luxury furniture brand Natuzzi and Nestlé , collectively valued at A$0.5 mln ($319,800)
** Says partnership positions co's AI and XR (extended reality) ecosystem as a transformative tool in luxury furniture and real estate markets
** Says Nestlé renewed its two-year Shelfzone license, which required the co to create custom 3D content integrations, among others
** Shelfzone is Vection's retail space simulation platform
** Stock has fallen 4.8% YTD, as of last close
($1 = 1.5635 Australian dollars)
(Reporting by Namrata Verma in Bengaluru)
((namrata.verma@thomsonreuters.com))
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