diff --git a/octavia-cli/README.md b/octavia-cli/README.md
index 4dfec338a8ddc..606b3fbad0f43 100644
--- a/octavia-cli/README.md
+++ b/octavia-cli/README.md
@@ -8,7 +8,9 @@ It has the following features:
 * Safe resources update through diff display and validation.
 * Simple secret management to avoid versioning credentials.
 
-The project is under development: readers can refer to our [tech spec deck](https://docs.google.com/presentation/d/10RjkCzBiVhCivnjSh63icYI7wG6S0N0ZIErEIsmXTqM/edit?usp=sharing) for an introduction to the tool.
+## Disclaimer
+The project is in **alpha** version. 
+Readers can refer to our [opened GitHub issues](https://github.com/airbytehq/airbyte/issues?q=is%3Aopen+is%3Aissue+label%3Aarea%2Foctavia-cli) to check the ongoing work on this project.
 
 # Install
 
@@ -23,17 +25,14 @@ curl -o- https://raw.githubusercontent.com/airbytehq/airbyte/master/octavia-cli/
 This script:
 1. Pulls the [octavia-cli image](https://hub.docker.com/r/airbyte/octavia-cli/tags) from our Docker registry.
 2. Creates an `octavia` alias in your profile.
+3. Creates a `~/.octavia` file whose values are mapped to the octavia container's environment variables.
 
 ## 2.b If you want to directly run the CLI without alias in your current directory:
 ```bash
 mkdir my_octavia_project_directory # Create your octavia project directory where YAML configurations will be stored.
-docker run --rm -v ./my_octavia_project_directory:/home/octavia-project --network host -e AIRBYTE_URL="http://localhost:8000" airbyte/octavia-cli:dev
-````
+docker run -i --rm -v ./my_octavia_project_directory:/home/octavia-project --network host -e AIRBYTE_URL="http://localhost:8000" airbyte/octavia-cli:dev
+```
 
-# Current development status
-Octavia is currently under development. 
-You can find a detailed and updated execution plan [here](https://docs.google.com/spreadsheets/d/1weB9nf0Zx3IR_QvpkxtjBAzyfGb7B0PWpsVt6iMB5Us/edit#gid=0).
-We welcome community contributions!
 
 # Secret management
 Sources and destinations configurations have credential fields that you **do not want to store as plain text and version on Git**.
@@ -44,20 +43,6 @@ configuration:
 ```
 If you have set a  `MY_PASSWORD` environment variable, `octavia apply` will load its value into the `password` field. 
 
-**Summary of achievements**:
-
-| Date       | Milestone                           |
-|------------|-------------------------------------|
-| 2022-03-09 | Implement secret management through environment variable expansion |
-| 2022-03-09 | Implement `octavia generate connection`|
-| 2022-03-09 | Implement `octavia apply` for connections|
-| 2022-03-02 | Implement `octavia apply` (sources and destination only)|
-| 2022-02-06 | Implement `octavia generate` (sources and destination only)|
-| 2022-01-25 | Implement `octavia init` + some context checks|
-| 2022-01-19 | Implement `octavia list workspace sources`, `octavia list workspace destinations`, `octavia list workspace connections`|
-| 2022-01-17 | Implement `octavia list connectors source` and `octavia list connectors destinations`|
-| 2022-01-17 | Generate an API Python client from our Open API spec |
-| 2021-12-22 | Bootstrapping the project's code base |
 
 # Developing locally
 1. Install Python 3.8.12. We suggest doing it through `pyenv`
@@ -76,4 +61,11 @@ SUB_BUILD=OCTAVIA_CLI ./gradlew build # from the root directory of the repo
 # Contributing
 1. Please sign up to [Airbyte's Slack workspace](https://slack.airbyte.io/) and join the `#octavia-cli`. We'll sync up community efforts in this channel.
 2. Read the [execution plan](https://docs.google.com/spreadsheets/d/1weB9nf0Zx3IR_QvpkxtjBAzyfGb7B0PWpsVt6iMB5Us/edit#gid=0) and find a task you'd like to work on.
-3. Open a PR, make sure to test your code thoroughly. 
\ No newline at end of file
+3. Open a PR, make sure to test your code thoroughly. 
+
+
+# Changelog
+
+| Version | Date       | Description      | PR                                                       |
+|---------|------------|------------------|----------------------------------------------------------|
+| 0.1.0   | 2022-03-15 | Alpha release    | [EPIC](https://github.com/airbytehq/airbyte/issues/10704)|
diff --git a/octavia-cli/install.sh b/octavia-cli/install.sh
index f487a7bbee9d3..f4e6871bdc4fa 100755
--- a/octavia-cli/install.sh
+++ b/octavia-cli/install.sh
@@ -3,7 +3,7 @@
 # This install scripts currently only works for ZSH and Bash profiles.
 # It creates an octavia alias in your profile bound to a docker run command
 
-VERSION=dev
+VERSION=0.1.0
 OCTAVIA_ENV_FILE=${HOME}/.octavia
 
 detect_profile() {
@@ -55,8 +55,8 @@ create_octavia_env_file() {
 
 
 add_alias() {
-    echo 'alias octavia="pwd | xargs -I {} docker run --rm -v {}:/home/octavia-project --network host --env-file \${OCTAVIA_ENV_FILE} airbyte/octavia-cli:'${VERSION}'"'  >> ${DETECTED_PROFILE}
-    echo "🐙 - 🎉 octavia alias was added to ${DETECTED_PROFILE} , please open a new terminal window or run source ${DETECTED_PROFILE}"
+    echo 'alias octavia="pwd | xargs -o -I {} docker run -i --rm -v {}:/home/octavia-project --network host --env-file \${OCTAVIA_ENV_FILE} airbyte/octavia-cli:'${VERSION}'"'  >> ${DETECTED_PROFILE}
+    echo "🐙 - 🎉 octavia alias was added to ${DETECTED_PROFILE}, please open a new terminal window or run source ${DETECTED_PROFILE}"
 }
 
 install() {