diff --git a/comps/version.py b/comps/version.py
index b34dc96875..6ae7d54de1 100644
--- a/comps/version.py
+++ b/comps/version.py
@@ -3,4 +3,4 @@
 # Copyright (C) 2024 Intel Corporation
 # SPDX-License-Identifier: Apache-2.0
 
-__version__ = "0.7"
+__version__ = "0.8"