diff --git a/CMakeLists.txt b/CMakeLists.txt
index 9d800190d55215415d6d688ae407311d5c33c204..618812f74ebe004b3a71b6d35ab9d30f3071d76a 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -7,8 +7,8 @@ SET_PROPERTY(DIRECTORY . PROPERTY PACKAGE_NAME DD4hep)
 #################
 
 SET( DD4hep_VERSION_MAJOR 1 )
-SET( DD4hep_VERSION_MINOR 16 )
-SET( DD4hep_VERSION_PATCH 1 )
+SET( DD4hep_VERSION_MINOR 17 )
+SET( DD4hep_VERSION_PATCH 0 )
 
 #######################
 # Basic project setup #