diff --git a/charts/fullstack-cluster-setup/Chart.yaml b/charts/fullstack-cluster-setup/Chart.yaml
index 38204f44f..b2103e4f2 100644
--- a/charts/fullstack-cluster-setup/Chart.yaml
+++ b/charts/fullstack-cluster-setup/Chart.yaml
@@ -15,13 +15,13 @@ type: application
 # This is the chart version. This version number should be incremented each time you make changes
 # to the chart and its templates, including the app version.
 # Versions are expected to follow Semantic Versioning (https://semver.org/)
-version: 0.15.0
+version: 0.16.0
 
 # This is the version number of the application being deployed. This version number should be
 # incremented each time you make changes to the application. Versions are not expected to
 # follow Semantic Versioning. They should reflect the version the application is using.
 # It is recommended to use it with quotes.
-appVersion: "0.15.0"
+appVersion: "0.16.0"
 
 dependencies:
   - name: operator
diff --git a/charts/fullstack-deployment/Chart.yaml b/charts/fullstack-deployment/Chart.yaml
index 159203de4..f6441efbb 100644
--- a/charts/fullstack-deployment/Chart.yaml
+++ b/charts/fullstack-deployment/Chart.yaml
@@ -15,13 +15,13 @@ type: application
 # This is the chart version. This version number should be incremented each time you make changes
 # to the chart and its templates, including the app version.
 # Versions are expected to follow Semantic Versioning (https://semver.org/)
-version: 0.15.0
+version: 0.16.0
 
 # This is the version number of the application being deployed. This version number should be
 # incremented each time you make changes to the application. Versions are not expected to
 # follow Semantic Versioning. They should reflect the version the application is using.
 # It is recommended to use it with quotes.
-appVersion: "0.15.0"
+appVersion: "0.16.0"
 
 # This is range of versions of Kubernetes server that is supported by this chart.
 # Note we need to use -0 suffix to support GKE version
diff --git a/fullstack-network-manager/package-lock.json b/fullstack-network-manager/package-lock.json
index 08dbd7f85..1d2e06911 100644
--- a/fullstack-network-manager/package-lock.json
+++ b/fullstack-network-manager/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "@hashgraph/fullstack-network-manager",
-  "version": "0.15.0",
+  "version": "0.16.0",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "@hashgraph/fullstack-network-manager",
-      "version": "0.15.0",
+      "version": "0.16.0",
       "license": "Apache2.0",
       "os": [
         "darwin",
diff --git a/fullstack-network-manager/package.json b/fullstack-network-manager/package.json
index bc359bc36..ab7a1b18c 100644
--- a/fullstack-network-manager/package.json
+++ b/fullstack-network-manager/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@hashgraph/fullstack-network-manager",
-  "version": "0.15.0",
+  "version": "0.16.0",
   "description": "Fullstack-Network-Manager is a CLI tool to manage and deploy a Hedera Network using Helm chart for local testing.",
   "main": "src/index.mjs",
   "type": "module",
diff --git a/gradle.properties b/gradle.properties
index ee2a39358..45eff13e0 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -19,7 +19,7 @@ end-to-end and full stack tests against the Hedera network software. Designed wi
 purpose built for the Hedera community and open-source contributors.
 
 # Version for all subprojects
-version=0.15.0
+version=0.16.0
 
 # Set the default Group ID
 group=com.hedera.fullstack