diff --git a/Cargo.lock b/Cargo.lock
index bfe92db7..b1575899 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2662,7 +2662,7 @@ dependencies = [
 
 [[package]]
 name = "stackablectl"
-version = "0.0.0-dev"
+version = "1.0.0-rc1"
 dependencies = [
  "clap",
  "clap_complete",
diff --git a/Cargo.toml b/Cargo.toml
index b561c94d..bce6cc01 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -2,6 +2,11 @@
 members = ["rust/*", "web", "."]
 
 [workspace.package]
+# Currently we version stackablectl separately from the other tools in this repo,
+# as we want to already ship a binary to enable easy testing.
+# We need to decide on a versioning strategy (e.g. version stackable-cokpit
+# using semver or use SDP releases) in the future. Once we have the decision
+# we can consolidate the stackablectl version.
 version = "0.0.0-dev"
 authors = ["Stackable GmbH <info@stackable.tech>"]
 license = "OSL-3.0"
diff --git a/extra/man/stackablectl.1 b/extra/man/stackablectl.1
index 5b08a9f8..e103641d 100644
--- a/extra/man/stackablectl.1
+++ b/extra/man/stackablectl.1
@@ -1,6 +1,6 @@
 .ie \n(.g .ds Aq \(aq
 .el .ds Aq '
-.TH stackablectl 1  "stackablectl 0.0.0-dev" 
+.TH stackablectl 1  "stackablectl 1.0.0-rc1" 
 .SH NAME
 stackablectl \- Command line tool to interact with the Stackable Data Platform
 .SH SYNOPSIS
@@ -95,6 +95,6 @@ Interact with locally cached files
 stackablectl\-help(1)
 Print this message or the help of the given subcommand(s)
 .SH VERSION
-v0.0.0\-dev
+v1.0.0\-rc1
 .SH AUTHORS
 Stackable GmbH <info@stackable.tech>
diff --git a/rust/stackablectl/Cargo.toml b/rust/stackablectl/Cargo.toml
index 00988850..f5ac572d 100644
--- a/rust/stackablectl/Cargo.toml
+++ b/rust/stackablectl/Cargo.toml
@@ -1,7 +1,8 @@
 [package]
 name = "stackablectl"
 description = "Command line tool to interact with the Stackable Data Platform"
-version.workspace = true
+# See <project-root>/Cargo.toml
+version = "1.0.0-rc1"
 authors.workspace = true
 license.workspace = true
 edition.workspace = true