diff --git a/CMakeLists.txt b/CMakeLists.txt
index 1889d780..2d4aa407 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -41,7 +41,7 @@
 cmake_minimum_required(VERSION 3.4.3 FATAL_ERROR)
 
 project(ikos)
-set(PACKAGE_VERSION "3.2-rc1")
+set(PACKAGE_VERSION "3.2")
 
 #
 # Build settings
diff --git a/README.md b/README.md
index 503ef23c..08450340 100644
--- a/README.md
+++ b/README.md
@@ -2,7 +2,7 @@ IKOS
 ====
 
 [![License](https://img.shields.io/badge/license-NOSA%201.3-blue.svg)](LICENSE.pdf)
-[![Release](https://img.shields.io/badge/release-v3.1-orange.svg)](https://github.com/NASA-SW-VnV/ikos/releases/tag/v3.1)
+[![Release](https://img.shields.io/badge/release-v3.2-orange.svg)](https://github.com/NASA-SW-VnV/ikos/releases/tag/v3.2)
 [![Linux Build](https://github.com/NASA-SW-VnV/ikos/actions/workflows/build-linux.yml/badge.svg)](https://github.com/NASA-SW-VnV/ikos/actions/workflows/build-linux.yml)
 [![MacOS Build](https://github.com/NASA-SW-VnV/ikos/actions/workflows/build-macos.yml/badge.svg)](https://github.com/NASA-SW-VnV/ikos/actions/workflows/build-macos.yml)