diff --git a/gradle/libs.versions.toml b/gradle/libs.versions.toml
index e71134d..ce963f6 100644
--- a/gradle/libs.versions.toml
+++ b/gradle/libs.versions.toml
@@ -3,7 +3,7 @@ kotlin = "1.9.22"
 coroutines = "1.8.0"
 kotest = "5.8.0"
 ktlint-lib = "1.2.1"
-mvi = "1.6.0"
+mvi = "1.7.0"
 activity = "1.8.2"
 lifecycle = "2.7.0"
 ktlint-gradle = "12.1.0"
diff --git a/mvi-compose/gradle.properties b/mvi-compose/gradle.properties
index aee811a..548121e 100644
--- a/mvi-compose/gradle.properties
+++ b/mvi-compose/gradle.properties
@@ -1,7 +1,7 @@
 POM_ARTIFACT_ID=mvi-compose
 GROUP=com.adidas.mvi
 VERSION_CODE=1
-VERSION_NAME=0.0.2
+VERSION_NAME=0.0.3
 POM_NAME=Adidas MVI Compose
 POM_DESCRIPTION=Adidas MVI Compose
 POM_PACKAGING=aar