diff --git a/cluster-autoscaler/version/version.go b/cluster-autoscaler/version/version.go
index a96cbb39d41d..45b731c60167 100644
--- a/cluster-autoscaler/version/version.go
+++ b/cluster-autoscaler/version/version.go
@@ -17,4 +17,4 @@ limitations under the License.
 package version
 
 // ClusterAutoscalerVersion contains version of CA.
-const ClusterAutoscalerVersion = "1.21.0"
+const ClusterAutoscalerVersion = "1.21.1"