diff --git a/mira/__init__.py b/mira/__init__.py
index 493f7415..3d187266 100644
--- a/mira/__init__.py
+++ b/mira/__init__.py
@@ -1 +1 @@
-__version__ = "0.3.0"
+__version__ = "0.5.0"
diff --git a/setup.cfg b/setup.cfg
index 0e4e1ec5..7053d3a9 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -4,7 +4,7 @@
 # Configuring setup()
 [metadata]
 name = mira
-version = 0.3.0
+version = 0.5.0
 
 license = BSD-2-Clause
 license_files =