diff --git a/package.json b/package.json
index 9f8c7a7c..2d30a0ee 100644
--- a/package.json
+++ b/package.json
@@ -2,7 +2,7 @@
   "name": "postgresql",
   "displayName": "PostgreSQL",
   "description": "Manage local PostgreSQL services for development",
-  "version": "0.4.0-next",
+  "version": "0.5.0-next",
   "icon": "icon.png",
   "publisher": "podman-desktop",
   "private": true,
diff --git a/packages/backend/package.json b/packages/backend/package.json
index 1276a7db..4686741f 100644
--- a/packages/backend/package.json
+++ b/packages/backend/package.json
@@ -2,7 +2,7 @@
   "name": "postgresql",
   "displayName": "PostgreSQL",
   "description": "Manage local PostgreSQL services for development",
-  "version": "0.4.0-next",
+  "version": "0.5.0-next",
   "icon": "icon.png",
   "publisher": "podman-desktop",
   "license": "Apache-2.0",
diff --git a/packages/frontend/package.json b/packages/frontend/package.json
index 84e85552..b13f084a 100644
--- a/packages/frontend/package.json
+++ b/packages/frontend/package.json
@@ -2,7 +2,7 @@
   "name": "frontend",
   "displayName": "frontend UI",
   "description": "Frontend UI for the Hello World extension",
-  "version": "0.4.0-next",
+  "version": "0.5.0-next",
   "type": "module",
   "scripts": {
     "preview": "vite preview",