diff --git a/flytekit/__init__.py b/flytekit/__init__.py
index 120f4cdf33..5d31d86e75 100644
--- a/flytekit/__init__.py
+++ b/flytekit/__init__.py
@@ -13,7 +13,7 @@
 from flytekit.annotated.workflow import WorkflowFailurePolicy, reference_workflow, workflow
 from flytekit.loggers import logger
 
-__version__ = "0.16.0a2"
+__version__ = "0.16.0a3"
 
 
 def current_context():
diff --git a/setup.py b/setup.py
index 83001a34ca..44e78fc795 100644
--- a/setup.py
+++ b/setup.py
@@ -38,7 +38,7 @@
 
 setup(
     name="flytekit",
-    version="0.16.0a2",
+    version="0.16.0a3",
     maintainer="Lyft",
     maintainer_email="flyte-eng@lyft.com",
     packages=find_packages(exclude=["tests*"]),