diff --git a/CMakeLists.txt b/CMakeLists.txt
index f9388986..1889d780 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -41,7 +41,7 @@
 cmake_minimum_required(VERSION 3.4.3 FATAL_ERROR)
 
 project(ikos)
-set(PACKAGE_VERSION "3.1")
+set(PACKAGE_VERSION "3.2-rc1")
 
 #
 # Build settings