diff --git a/cmake/defaults/Version.cmake b/cmake/defaults/Version.cmake
index 8bad6b9e5..c4c1436ec 100644
--- a/cmake/defaults/Version.cmake
+++ b/cmake/defaults/Version.cmake
@@ -24,4 +24,4 @@
 # Versioning information
 set(HD_RPR_MAJOR_VERSION "3")
 set(HD_RPR_MINOR_VERSION "0")
-set(HD_RPR_PATCH_VERSION "0")
+set(HD_RPR_PATCH_VERSION "1")