diff --git a/VERSION b/VERSION
index 8800eda..6367b60 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-v0.0.37
+v0.0.38
diff --git a/components-versions.yaml b/components-versions.yaml
index 8e90fa9..cf27cb5 100644
--- a/components-versions.yaml
+++ b/components-versions.yaml
@@ -7,7 +7,7 @@ PROJECT_WORKSPACE_OPERATOR_VERSION: "v0.19.0"
 # renovate: datasource=github-releases depName=openmcp-project/mcp-operator
 MCP_OPERATOR_VERSION: "v0.42.1"
 # renovate: datasource=github-releases depName=openmcp-project/openmcp-operator
-OPENMCP_OPERATOR_VERSION: "v0.16.0"
+OPENMCP_OPERATOR_VERSION: "v0.17.0"
 
 # Service Providers
 # renovate: datasource=github-releases depName=openmcp-project/service-provider-landscaper