diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1aec85609..086ef3ff8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,14 @@
 # PowerShell Editor Services Release History
 
+## v2.4.7
+### Tuesday, August 03, 2021
+
+- ✨ 🔍 [PowerShellEditorServices #1533](https://github.com/PowerShell/PowerShellEditorServices/pull/1533) - Enable and fix many .NET Code Analysis warnings.
+- ✨ 👷 [PowerShellEditorServices #1530](https://github.com/PowerShell/PowerShellEditorServices/pull/1530) - Update release and CI pipelines.
+- ✨ 👷 [PowerShellEditorServices #1528](https://github.com/PowerShell/PowerShellEditorServices/pull/1528) - Automate entire release process.
+- ✨ 🛫 [PowerShellEditorServices #1527](https://github.com/PowerShell/PowerShellEditorServices/pull/1527) - Add stack trace to resolve event handler on debug.
+- ✨ 🛫 [PowerShellEditorServices #1523](https://github.com/PowerShell/PowerShellEditorServices/pull/1526) - Initialize runspaces with `InitialSessionState` object.
+
 ## v2.4.6
 ### Tuesday, July 13, 2021
 
diff --git a/PowerShellEditorServices.Common.props b/PowerShellEditorServices.Common.props
index 59da7d55c..3d2d48230 100644
--- a/PowerShellEditorServices.Common.props
+++ b/PowerShellEditorServices.Common.props
@@ -1,6 +1,6 @@
 <Project>
   <PropertyGroup>
-    <VersionPrefix>2.4.6</VersionPrefix>
+    <VersionPrefix>2.4.7</VersionPrefix>
     <VersionSuffix></VersionSuffix>
     <Company>Microsoft</Company>
     <Copyright>© Microsoft Corporation.</Copyright>
diff --git a/module/PowerShellEditorServices/PowerShellEditorServices.psd1 b/module/PowerShellEditorServices/PowerShellEditorServices.psd1
index 807d2ffbc..d00fbebd1 100644
--- a/module/PowerShellEditorServices/PowerShellEditorServices.psd1
+++ b/module/PowerShellEditorServices/PowerShellEditorServices.psd1
@@ -19,7 +19,7 @@ RootModule = if ($PSEdition -eq 'Core')
     }
 
 # Version number of this module.
-ModuleVersion = '2.4.6'
+ModuleVersion = '2.4.7'
 
 # ID used to uniquely identify this module
 GUID = '9ca15887-53a2-479a-9cda-48d26bcb6c47'