diff --git a/CHANGELOG.md b/CHANGELOG.md
index eb9594a6..2ab5de19 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,13 @@
+# 1.5.0 - 28/07/2025
+* Add support of `elastic.otel.verify.server.cert` config option to disable server certificate validation - #726
+* tech preview release of central configuration support for dynamically changing instrumentation and sending, using OpAMP protocol
+
+This release is based on the following upstream versions:
+
+* opentelemetry-javaagent: [2.17.1](https://github.com/open-telemetry/opentelemetry-java-instrumentation/releases/tag/v2.17.1)
+* opentelemetry-sdk: [1.51.0](https://github.com/open-telemetry/opentelemetry-java/releases/tag/v1.51.0)
+* opentelemetry-semconv: [1.34.0](https://github.com/open-telemetry/semantic-conventions-java/releases/tag/v1.34.0)
+* opentelemetry-java-contrib: [1.46.0](https://github.com/open-telemetry/opentelemetry-java-contrib/releases/tag/v1.46.0)
 # 1.4.1 - 16/04/2025
 * Fix `otel.exporter.otlp.metrics.temporality.preference` config option having no effect. - #610
 
diff --git a/CHANGELOG.next-release.md b/CHANGELOG.next-release.md
index d2695967..8b137891 100644
--- a/CHANGELOG.next-release.md
+++ b/CHANGELOG.next-release.md
@@ -1 +1 @@
-* Add support of `elastic.otel.verify.server.cert` config option to disable server certificate validation - #726
+
diff --git a/version.properties b/version.properties
index 3ea894ba..087af377 100644
--- a/version.properties
+++ b/version.properties
@@ -1 +1 @@
-version=1.5.0
+version=1.5.1-SNAPSHOT