diff --git a/Chart.yaml b/Chart.yaml
index 2351edd77..521c8d9c3 100644
--- a/Chart.yaml
+++ b/Chart.yaml
@@ -1,7 +1,7 @@
 apiVersion: v2
 name: astronomer
-version: 0.34.0
-appVersion: 0.34.0
+version: 0.34.1-rc1
+appVersion: 0.34.1-rc1
 description: Helm chart to deploy the Astronomer Platform
 icon: https://www.astronomer.io/static/iconforLIGHTbackground.svg
 keywords:
diff --git a/charts/astronomer/Chart.yaml b/charts/astronomer/Chart.yaml
index 1365e915d..ec7383156 100644
--- a/charts/astronomer/Chart.yaml
+++ b/charts/astronomer/Chart.yaml
@@ -1,6 +1,6 @@
 apiVersion: v1
 name: astronomer
-version: 0.34.0
+version: 0.34.1-rc1
 description: A Helm chart to deploy the Astronomer module
 keywords:
   - astronomer