diff --git a/VERSION b/VERSION
index ed1a71d..49dd460 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-v0.15.2-dev
\ No newline at end of file
+v0.16.0
\ No newline at end of file
diff --git a/go.mod b/go.mod
index 74fa251..01257cd 100644
--- a/go.mod
+++ b/go.mod
@@ -14,8 +14,8 @@ require (
 	github.com/onsi/ginkgo/v2 v2.27.1
 	github.com/onsi/gomega v1.38.2
 	github.com/openmcp-project/controller-utils v0.23.1
-	github.com/openmcp-project/openmcp-operator/api v0.15.2
-	github.com/openmcp-project/openmcp-operator/lib v0.15.2
+	github.com/openmcp-project/openmcp-operator/api v0.16.0
+	github.com/openmcp-project/openmcp-operator/lib v0.16.0
 	github.com/spf13/cobra v1.10.1
 	k8s.io/api v0.34.1
 	k8s.io/apimachinery v0.34.1
diff --git a/lib/go.mod b/lib/go.mod
index d0e6bb6..6ff6c1c 100644
--- a/lib/go.mod
+++ b/lib/go.mod
@@ -8,7 +8,7 @@ require (
 	github.com/onsi/ginkgo/v2 v2.27.1
 	github.com/onsi/gomega v1.38.2
 	github.com/openmcp-project/controller-utils v0.23.1
-	github.com/openmcp-project/openmcp-operator/api v0.15.2
+	github.com/openmcp-project/openmcp-operator/api v0.16.0
 	k8s.io/api v0.34.1
 	k8s.io/apimachinery v0.34.1
 	k8s.io/client-go v0.34.1