diff --git a/templates/static-fileserver/metadata/snippets/component.txt b/templates/static-fileserver/metadata/snippets/component.txt
index 13a3ae8204..edc2520944 100644
--- a/templates/static-fileserver/metadata/snippets/component.txt
+++ b/templates/static-fileserver/metadata/snippets/component.txt
@@ -3,5 +3,5 @@ route = "{{ http-path | http_wildcard }}"
 component = "{{project-name | kebab_case}}"
 
 [component.{{project-name | kebab_case}}]
-source = { url = "https://github.com/fermyon/spin-fileserver/releases/download/v0.2.1/spin_static_fs.wasm", digest = "sha256:5f05b15f0f7cd353d390bc5ebffec7fe25c6a6d7a05b9366c86dcb1a346e9f0f" }
+source = { url = "https://github.com/fermyon/spin-fileserver/releases/download/v0.3.0/spin_static_fs.wasm", digest = "sha256:ef88708817e107bf49985c7cefe4dd1f199bf26f6727819183d5c996baa3d148" }
 files = [{ source = "{{ files-path }}", destination = "/" }]