diff --git a/CMakeLists.txt b/CMakeLists.txt
index 4b2fc00f1..2800185b0 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -2,7 +2,7 @@
 # Cubos project root build configuration
 
 cmake_minimum_required(VERSION 3.25.0)
-project(cubos VERSION 0.4.0)
+project(cubos VERSION 0.5.0)
 
 include(GNUInstallDirs) # Get default install directories