diff --git a/VERSION b/VERSION
index 068cd29..49dd460 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-v0.15.0-dev
\ No newline at end of file
+v0.16.0
\ No newline at end of file
diff --git a/charts/project-workspace-operator/Chart.yaml b/charts/project-workspace-operator/Chart.yaml
index 9268846..b3c6cbe 100644
--- a/charts/project-workspace-operator/Chart.yaml
+++ b/charts/project-workspace-operator/Chart.yaml
@@ -2,5 +2,5 @@ apiVersion: v2
 name: project-workspace-operator
 description: A Helm chart for the project-workspace-operator
 type: application
-version: v0.15.0
-appVersion: v0.15.0
+version: v0.16.0
+appVersion: v0.16.0
diff --git a/charts/project-workspace-operator/values.yaml b/charts/project-workspace-operator/values.yaml
index c63c1fb..000e01a 100644
--- a/charts/project-workspace-operator/values.yaml
+++ b/charts/project-workspace-operator/values.yaml
@@ -20,7 +20,7 @@ image:
   repository: ghcr.io/openmcp-project/images/project-workspace-operator
   pullPolicy: IfNotPresent
   # Overrides the image tag whose default is the chart appVersion.
-  tag: v0.15.0
+  tag: v0.16.0
 
 imagePullSecrets: []
 nameOverride: ""
diff --git a/go.mod b/go.mod
index 394e6e4..3b73efc 100644
--- a/go.mod
+++ b/go.mod
@@ -7,7 +7,7 @@ require (
 	github.com/onsi/ginkgo/v2 v2.23.4
 	github.com/onsi/gomega v1.38.0
 	github.com/openmcp-project/controller-utils v0.16.0
-	github.com/openmcp-project/project-workspace-operator/api v0.15.0
+	github.com/openmcp-project/project-workspace-operator/api v0.16.0
 	github.com/stretchr/testify v1.10.0
 	k8s.io/api v0.33.3
 	k8s.io/apimachinery v0.33.3