diff --git a/CHANGELOG.md b/CHANGELOG.md
index fde054ed..4726e89b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -16,6 +16,14 @@ will consitute of a breaking change warranting a new major release:
 
 # [unreleased]
 
+# [v2.0.0] 2023-04-16
+
+This is the version which will fly on the satellite for the initial launch phase.
+
+- q7s-package: v2.5.0
+- eive-tmtc: v3.0.0
+- `wire` library is now on version v10.7 as well.
+
 ## Added
 
 - Added `mv`, `cp` and `rm` action helpers for the core controller for common filesystem operations.
diff --git a/CMakeLists.txt b/CMakeLists.txt
index 2d96ca08..1f52a56f 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -9,8 +9,8 @@
 # ##############################################################################
 cmake_minimum_required(VERSION 3.13)
 
-set(OBSW_VERSION_MAJOR 1)
-set(OBSW_VERSION_MINOR 45)
+set(OBSW_VERSION_MAJOR 2)
+set(OBSW_VERSION_MINOR 0)
 set(OBSW_VERSION_REVISION 0)
 
 # set(CMAKE_VERBOSE TRUE)