diff --git a/mbed/mbed.py b/mbed/mbed.py
index 93b01019..1e7fad38 100755
--- a/mbed/mbed.py
+++ b/mbed/mbed.py
@@ -51,7 +51,7 @@
 
 
 # Application version
-ver = '1.8.1'
+ver = '1.8.2'
 
 # Default paths to Mercurial and Git
 hg_cmd = 'hg'
diff --git a/setup.py b/setup.py
index 4a63583e..c669b69c 100644
--- a/setup.py
+++ b/setup.py
@@ -18,7 +18,7 @@
 
 setup(
     name="mbed-cli",
-    version="1.8.1",
+    version="1.8.2",
     description="Arm Mbed command line tool for repositories version control, publishing and updating code from remotely hosted repositories (GitHub, GitLab and mbed.com), and invoking Mbed OS own build system and export functions, among other operations",
     long_description=long_description,
     long_description_content_type="text/markdown",