diff --git a/atomic-reactor.spec b/atomic-reactor.spec
index 49713c555..83bd9a56f 100644
--- a/atomic-reactor.spec
+++ b/atomic-reactor.spec
@@ -6,7 +6,7 @@
 %global ar_subpackages_obsolete 1.6.50
 
 Name:           %{project}
-Version:        3.7.1
+Version:        3.8.0
 Release:        1%{?dist}
 
 Summary:        Improved builder for Docker images
@@ -116,6 +116,9 @@ cp -a docs/manpage/atomic-reactor.1 %{buildroot}%{_mandir}/man1/
 
 
 %changelog
+* Wed Sep 29 2021 mkosiarc <mkosiarc@redhat.com> 3.8.0-1
+- new upstream release: 3.8.0
+
 * Mon Aug 30 2021 Robert Cerven <rcerven@redhat.com> 3.7.1-1
 - new upstream release: 3.7.1
 
diff --git a/atomic_reactor/version.py b/atomic_reactor/version.py
index 519f7ac32..721c5c83d 100644
--- a/atomic_reactor/version.py
+++ b/atomic_reactor/version.py
@@ -6,4 +6,4 @@
 of the BSD license. See the LICENSE file for details.
 """
 
-__version__ = "3.7.1"
+__version__ = "3.8.0"
diff --git a/rel-eng/packages/atomic-reactor b/rel-eng/packages/atomic-reactor
index a667c3f2d..6729667e5 100644
--- a/rel-eng/packages/atomic-reactor
+++ b/rel-eng/packages/atomic-reactor
@@ -1 +1 @@
-3.7.1-1 ./
+3.8.0-1 ./
diff --git a/setup.py b/setup.py
index 157bb51d6..586d522e3 100644
--- a/setup.py
+++ b/setup.py
@@ -39,7 +39,7 @@ def _get_requirements(path):
 
 setup(
     name='atomic-reactor',
-    version='3.7.1',
+    version='3.8.0',
     description=DESCRIPTION,
     author='Red Hat, Inc.',
     author_email='atomic-devel@projectatomic.io',