diff --git a/backend/pom.xml b/backend/pom.xml
index 8d7699dc..9bd5c3a9 100644
--- a/backend/pom.xml
+++ b/backend/pom.xml
@@ -26,7 +26,7 @@
     <parent>
         <groupId>org.eclipse.tractusx</groupId>
         <artifactId>digital-twin-registry</artifactId>
-        <version>0.3.15-M1</version>
+        <version>0.3.16-M1</version>
         <relativePath>../pom.xml</relativePath>
     </parent>
 
diff --git a/pom.xml b/pom.xml
index a0006f41..85851650 100644
--- a/pom.xml
+++ b/pom.xml
@@ -32,7 +32,7 @@
 
 	<groupId>org.eclipse.tractusx</groupId>
 	<artifactId>digital-twin-registry</artifactId>
-	<version>0.3.15-M1</version>
+	<version>0.3.16-M1</version>
 	<name>Tractus-X Semantic Layer Digital Twin Registry</name>
 	<description>Root Module of the Tractus-X Semantic Layer Digital Twin Registry</description>
 	<packaging>pom</packaging>