diff --git a/VERSION b/VERSION
index 7693c96..341cf11 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.1.3
\ No newline at end of file
+0.2.0
\ No newline at end of file
diff --git a/bundle/manifests/registry-operator.clusterserviceversion.yaml b/bundle/manifests/registry-operator.clusterserviceversion.yaml
index 122308b..289aa9b 100644
--- a/bundle/manifests/registry-operator.clusterserviceversion.yaml
+++ b/bundle/manifests/registry-operator.clusterserviceversion.yaml
@@ -49,15 +49,15 @@ metadata:
       ]
     capabilities: Basic Install
     categories: OpenShift Optional,Developer Tools
-    containerImage: quay.io/devfile/registry-operator:v0.1.3
-    createdAt: "2023-11-17T19:18:09Z"
+    containerImage: quay.io/devfile/registry-operator:v0.2.0
+    createdAt: "2023-11-20T17:17:03Z"
     description: Deploy and manage Devfile Registries on Kubernetes and OpenShift
       with the Devfile Registry operator.
     operators.operatorframework.io/builder: operator-sdk-v1.28.0
     operators.operatorframework.io/project_layout: go.kubebuilder.io/v3
     repository: https://github.com/devfile/registry-operator
     support: Red Hat
-  name: registry-operator.v0.1.3
+  name: registry-operator.v0.2.0
   namespace: placeholder
 spec:
   apiservicedefinitions: {}
@@ -448,7 +448,7 @@ spec:
                 - --leader-elect
                 command:
                 - /manager
-                image: quay.io/devfile/registry-operator:next
+                image: quay.io/devfile/registry-operator:v0.2.0
                 imagePullPolicy: Always
                 livenessProbe:
                   httpGet:
@@ -569,7 +569,7 @@ spec:
   provider:
     name: Red Hat
     url: https://redhat.com
-  version: 0.1.3
+  version: 0.2.0
   webhookdefinitions:
   - admissionReviewVersions:
     - v1
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index 9d4f89b..b8376ad 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -15,4 +15,4 @@ kind: Kustomization
 images:
 - name: controller
   newName: quay.io/devfile/registry-operator
-  newTag: next
+  newTag: v0.2.0
diff --git a/config/manifests/bases/registry-operator.clusterserviceversion.yaml b/config/manifests/bases/registry-operator.clusterserviceversion.yaml
index 116e77c..e5555b8 100644
--- a/config/manifests/bases/registry-operator.clusterserviceversion.yaml
+++ b/config/manifests/bases/registry-operator.clusterserviceversion.yaml
@@ -49,13 +49,13 @@ metadata:
       ]
     capabilities: Basic Install
     categories: OpenShift Optional,Developer Tools
-    containerImage: quay.io/devfile/registry-operator:v0.1.3
+    containerImage: quay.io/devfile/registry-operator:v0.2.0
     createdAt: "2023-09-06T19:45:06Z"
     description: Deploy and manage Devfile Registries on Kubernetes and OpenShift
       with the Devfile Registry operator.
     repository: https://github.com/devfile/registry-operator
     support: Red Hat
-  name: registry-operator.v0.1.3
+  name: registry-operator.v0.2.0
   namespace: placeholder
 spec:
   apiservicedefinitions: {}
@@ -289,4 +289,4 @@ spec:
   provider:
     name: Red Hat
     url: https://redhat.com
-  version: 0.1.3
+  version: 0.2.0