diff --git a/CMakeLists.txt b/CMakeLists.txt
index 9f7a02666e7..8c1546ec34e 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -29,7 +29,7 @@ endif()
 ###############################################################################
 # Project                                                                     #
 ###############################################################################
-project(fastdds VERSION "3.4.1.0" LANGUAGES C CXX)
+project(fastdds VERSION "3.5.0.0" LANGUAGES C CXX)
 
 set(PROJECT_NAME_LARGE "Fast DDS")
 string(TOUPPER "${PROJECT_NAME}" PROJECT_NAME_UPPER)
diff --git a/package.xml b/package.xml
index 8fba93c6800..258f87a2631 100644
--- a/package.xml
+++ b/package.xml
@@ -2,7 +2,7 @@
 <?xml-model href="http://download.ros.org/schema/package_format3.xsd" schematypens="http://www.w3.org/2001/XMLSchema"?>
 <package format="3">
   <name>fastdds</name>
-  <version>3.4.1</version>
+  <version>3.5.0</version>
   <description>
   eProsima Fast DDS is a C++ implementation of the DDS (Data Distribution Service) standard of the OMG (Object Management Group). eProsima Fast DDS implements the RTPS (Real Time Publish Subscribe) protocol, which provides publisher-subscriber communications over unreliable transports such as UDP, as defined and maintained by the Object Management Group (OMG) consortium. RTPS is also the wire interoperability protocol defined for the Data Distribution Service (DDS) standard. eProsima Fast DDS expose an API to access directly the RTPS protocol, giving the user full access to the protocol internals.
   </description>