diff --git a/CHANGELOG.md b/CHANGELOG.md
index 453e737..f84de48 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,10 @@ and this project adheres to [Semantic Versioning](http://semver.org/spec/v2.0.0.
 
 ## [Unreleased]
 
+-- Nothing yet
+
+## [0.5.0] - 2025-09-09
+
 ### Added
 
 - Added async traceroute, stop SHIM, and use 30041
@@ -87,7 +91,8 @@ and this project adheres to [Semantic Versioning](http://semver.org/spec/v2.0.0.
 
 - Nothing
 
-[Unreleased]: https://github.com/netsec-ethz/scion-java-multiping/compare/v0.4.0...HEAD
+[Unreleased]: https://github.com/netsec-ethz/scion-java-multiping/compare/v0.5.0...HEAD
+[0.5.0]: https://github.com/netsec-ethz/scion-java-multiping/compare/v0.4.0...v0.5.0
 [0.4.0]: https://github.com/netsec-ethz/scion-java-multiping/compare/v0.3.0...v0.4.0
 [0.3.0]: https://github.com/netsec-ethz/scion-java-multiping/compare/v0.2.0...v0.3.0
 [0.2.0]: https://github.com/netsec-ethz/scion-java-multiping/compare/v0.1.0...v0.2.0
diff --git a/README.md b/README.md
index 3498b82..e4b418f 100644
--- a/README.md
+++ b/README.md
@@ -13,11 +13,11 @@ MultiPing provides several tools:
 ## Execution
 
 All tools can be run from the executable jar file which is available in
-the [GitHub Releases section](https://github.com/netsec-ethz/scion-java-multiping/releases/download/v0.4.0/scion-multiping-0.4.0-executable.jar).
+the [GitHub Releases section](https://github.com/netsec-ethz/scion-java-multiping/releases/download/v0.5.0/scion-multiping-0.5.0-executable.jar).
 It can be executed with:
 
 ```
-java -jar scion-multiping-0.4.0-executable.jar [tool-command]
+java -jar scion-multiping-0.5.0-executable.jar [tool-command]
 ```
 
 Some tools require configuration files, see below in the tool description sections.   
@@ -99,10 +99,10 @@ request to `64-2:0:4c,192.168.0.1`.
 
 ## Execution
 
-THe tool can be executed with:
+The tool can be executed with:
 
 ```
-java -jar scion-multiping-0.4.0-executable.jar ping-repeat
+java -jar scion-multiping-0.5.0-executable.jar ping-repeat
 ```
 
 ## Output
@@ -156,5 +156,5 @@ following property (
 the example works only for `ethz.ch`):
 
 ```
-java -Dorg.scion.dnsSearchDomains=ethz.ch. -jar scion-multiping-0.4.0-executable.jar
+java -Dorg.scion.dnsSearchDomains=ethz.ch. -jar scion-multiping-0.5.0-executable.jar
 ```
\ No newline at end of file
diff --git a/pom.xml b/pom.xml
index 93648e3..ea254db 100644
--- a/pom.xml
+++ b/pom.xml
@@ -6,14 +6,14 @@
 
     <groupId>org.scion</groupId>
     <artifactId>scion-multiping</artifactId>
-    <version>0.4.1-SNAPSHOT</version>
+    <version>0.5.1-SNAPSHOT</version>
 
     <properties>
         <project.build.sourceEncoding>UTF-8</project.build.sourceEncoding>
 
-        <scion.slf4j.version>2.0.9</scion.slf4j.version>
+        <scion.slf4j.version>2.0.16</scion.slf4j.version>
         <scion.fmt-maven.version>2.23</scion.fmt-maven.version>
-        <scion.maven-enforcer-plugin.version>3.3.0</scion.maven-enforcer-plugin.version>
+        <scion.maven-enforcer-plugin.version>3.5.0</scion.maven-enforcer-plugin.version>
     </properties>
 
     <name>SCION Java API Examples</name>
@@ -77,7 +77,7 @@
         <dependency>
             <groupId>com.google.googlejavaformat</groupId>
             <artifactId>google-java-format</artifactId>
-            <version>1.24.0</version>
+            <version>1.26.0</version>
         </dependency>
 
         <dependency>
@@ -101,7 +101,7 @@
         <dependency>
             <groupId>com.google.code.gson</groupId>
             <artifactId>gson</artifactId>
-            <version>2.11.0</version>
+            <version>2.13.1</version>
         </dependency>
     </dependencies>
 
@@ -109,7 +109,7 @@
         <plugins>
             <plugin>
                 <artifactId>maven-compiler-plugin</artifactId>
-                <version>3.11.0</version>
+                <version>3.13.0</version>
                 <configuration>
                     <source>1.8</source>
                     <target>1.8</target>
@@ -118,7 +118,7 @@
             <plugin>
                 <groupId>org.apache.maven.plugins</groupId>
                 <artifactId>maven-checkstyle-plugin</artifactId>
-                <version>3.3.0</version>
+                <version>3.6.0</version>
                 <executions>
                     <execution>
                         <id>validate</id>
@@ -141,7 +141,7 @@
             <plugin>
                 <groupId>org.apache.maven.plugins</groupId>
                 <artifactId>maven-surefire-plugin</artifactId>
-                <version>3.2.5</version>
+                <version>3.5.2</version>
             </plugin>
             <plugin>
                 <groupId>org.jacoco</groupId>