diff --git a/flyteidl-protos/pom.xml b/flyteidl-protos/pom.xml
index dc736806..d2cf977c 100644
--- a/flyteidl-protos/pom.xml
+++ b/flyteidl-protos/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.flyte</groupId>
     <artifactId>flytekit-parent</artifactId>
-    <version>0.4.39</version>
+    <version>0.4.40-SNAPSHOT</version>
   </parent>
 
   <artifactId>flyteidl-protos</artifactId>
diff --git a/flytekit-api/pom.xml b/flytekit-api/pom.xml
index fa66889e..f3675fbe 100644
--- a/flytekit-api/pom.xml
+++ b/flytekit-api/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.flyte</groupId>
     <artifactId>flytekit-parent</artifactId>
-    <version>0.4.39</version>
+    <version>0.4.40-SNAPSHOT</version>
   </parent>
 
   <artifactId>flytekit-api</artifactId>
diff --git a/flytekit-bom/pom.xml b/flytekit-bom/pom.xml
index a744431a..db7f83f1 100644
--- a/flytekit-bom/pom.xml
+++ b/flytekit-bom/pom.xml
@@ -20,7 +20,7 @@
 
   <groupId>org.flyte</groupId>
   <artifactId>flytekit-bom</artifactId>
-  <version>0.4.39</version>
+  <version>0.4.40-SNAPSHOT</version>
 
   <packaging>pom</packaging>
 
@@ -48,7 +48,7 @@
   <scm>
     <connection>scm:git:https://github.com/flyteorg/flytekit-java.git</connection>
     <developerConnection>scm:git:https://github.com/flyteorg/flytekit-java.git</developerConnection>
-    <tag>0.4.39</tag>
+    <tag>HEAD</tag>
     <url>https://github.com/flyteorg/flytekit-java</url>
   </scm>
 
diff --git a/flytekit-examples-scala/pom.xml b/flytekit-examples-scala/pom.xml
index 4cb9a928..f95f13cb 100644
--- a/flytekit-examples-scala/pom.xml
+++ b/flytekit-examples-scala/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.flyte</groupId>
     <artifactId>flytekit-parent</artifactId>
-    <version>0.4.39</version>
+    <version>0.4.40-SNAPSHOT</version>
   </parent>
 
   <artifactId>flytekit-examples-scala_2.13</artifactId>
diff --git a/flytekit-examples/pom.xml b/flytekit-examples/pom.xml
index 4eba7087..ac32228d 100644
--- a/flytekit-examples/pom.xml
+++ b/flytekit-examples/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.flyte</groupId>
     <artifactId>flytekit-parent</artifactId>
-    <version>0.4.39</version>
+    <version>0.4.40-SNAPSHOT</version>
   </parent>
 
   <artifactId>flytekit-examples</artifactId>
diff --git a/flytekit-jackson/pom.xml b/flytekit-jackson/pom.xml
index 80f3b667..eaf3300d 100644
--- a/flytekit-jackson/pom.xml
+++ b/flytekit-jackson/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.flyte</groupId>
     <artifactId>flytekit-parent</artifactId>
-    <version>0.4.39</version>
+    <version>0.4.40-SNAPSHOT</version>
   </parent>
 
   <artifactId>flytekit-jackson</artifactId>
diff --git a/flytekit-java/pom.xml b/flytekit-java/pom.xml
index c733113d..063ce4bb 100644
--- a/flytekit-java/pom.xml
+++ b/flytekit-java/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.flyte</groupId>
     <artifactId>flytekit-parent</artifactId>
-    <version>0.4.39</version>
+    <version>0.4.40-SNAPSHOT</version>
   </parent>
 
   <artifactId>flytekit-java</artifactId>
diff --git a/flytekit-local-engine/pom.xml b/flytekit-local-engine/pom.xml
index 9e3df517..ea5249ff 100644
--- a/flytekit-local-engine/pom.xml
+++ b/flytekit-local-engine/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.flyte</groupId>
     <artifactId>flytekit-parent</artifactId>
-    <version>0.4.39</version>
+    <version>0.4.40-SNAPSHOT</version>
   </parent>
 
   <artifactId>flytekit-local-engine</artifactId>
diff --git a/flytekit-scala-tests/pom.xml b/flytekit-scala-tests/pom.xml
index 07a0dc36..a405a583 100644
--- a/flytekit-scala-tests/pom.xml
+++ b/flytekit-scala-tests/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.flyte</groupId>
     <artifactId>flytekit-parent</artifactId>
-    <version>0.4.39</version>
+    <version>0.4.40-SNAPSHOT</version>
   </parent>
 
   <!-- can't use properties, artifact name should be constant -->
diff --git a/flytekit-scala_2.12/pom.xml b/flytekit-scala_2.12/pom.xml
index ede6411f..11f9be14 100644
--- a/flytekit-scala_2.12/pom.xml
+++ b/flytekit-scala_2.12/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.flyte</groupId>
     <artifactId>flytekit-parent</artifactId>
-    <version>0.4.39</version>
+    <version>0.4.40-SNAPSHOT</version>
   </parent>
 
   <!-- can't use properties, artifact name should be constant -->
diff --git a/flytekit-scala_2.13/pom.xml b/flytekit-scala_2.13/pom.xml
index c4c77bde..b47443b5 100644
--- a/flytekit-scala_2.13/pom.xml
+++ b/flytekit-scala_2.13/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.flyte</groupId>
     <artifactId>flytekit-parent</artifactId>
-    <version>0.4.39</version>
+    <version>0.4.40-SNAPSHOT</version>
   </parent>
 
   <!-- can't use properties, artifact name should be constant -->
diff --git a/flytekit-testing/pom.xml b/flytekit-testing/pom.xml
index f103f49c..0c5f6261 100644
--- a/flytekit-testing/pom.xml
+++ b/flytekit-testing/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.flyte</groupId>
     <artifactId>flytekit-parent</artifactId>
-    <version>0.4.39</version>
+    <version>0.4.40-SNAPSHOT</version>
   </parent>
 
   <artifactId>flytekit-testing</artifactId>
diff --git a/integration-tests/pom.xml b/integration-tests/pom.xml
index 755bd383..bda093d3 100644
--- a/integration-tests/pom.xml
+++ b/integration-tests/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.flyte</groupId>
     <artifactId>flytekit-parent</artifactId>
-    <version>0.4.39</version>
+    <version>0.4.40-SNAPSHOT</version>
   </parent>
 
   <artifactId>integration-tests</artifactId>
diff --git a/jflyte-api/pom.xml b/jflyte-api/pom.xml
index 3d0b20a2..19f650a3 100644
--- a/jflyte-api/pom.xml
+++ b/jflyte-api/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.flyte</groupId>
     <artifactId>flytekit-parent</artifactId>
-    <version>0.4.39</version>
+    <version>0.4.40-SNAPSHOT</version>
   </parent>
 
   <artifactId>jflyte-api</artifactId>
diff --git a/jflyte-aws/pom.xml b/jflyte-aws/pom.xml
index aecb9426..ea44f2a4 100644
--- a/jflyte-aws/pom.xml
+++ b/jflyte-aws/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.flyte</groupId>
     <artifactId>flytekit-parent</artifactId>
-    <version>0.4.39</version>
+    <version>0.4.40-SNAPSHOT</version>
   </parent>
 
   <artifactId>jflyte-aws</artifactId>
diff --git a/jflyte-google-cloud/pom.xml b/jflyte-google-cloud/pom.xml
index 44ebf8d7..30c03c49 100644
--- a/jflyte-google-cloud/pom.xml
+++ b/jflyte-google-cloud/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.flyte</groupId>
     <artifactId>flytekit-parent</artifactId>
-    <version>0.4.39</version>
+    <version>0.4.40-SNAPSHOT</version>
   </parent>
 
   <artifactId>jflyte-google-cloud</artifactId>
diff --git a/jflyte-utils/pom.xml b/jflyte-utils/pom.xml
index fb34b046..e0736306 100644
--- a/jflyte-utils/pom.xml
+++ b/jflyte-utils/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.flyte</groupId>
     <artifactId>flytekit-parent</artifactId>
-    <version>0.4.39</version>
+    <version>0.4.40-SNAPSHOT</version>
   </parent>
 
   <artifactId>jflyte-utils</artifactId>
diff --git a/jflyte/pom.xml b/jflyte/pom.xml
index 16e11c7d..685d3b2f 100644
--- a/jflyte/pom.xml
+++ b/jflyte/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.flyte</groupId>
     <artifactId>flytekit-parent</artifactId>
-    <version>0.4.39</version>
+    <version>0.4.40-SNAPSHOT</version>
   </parent>
 
   <artifactId>jflyte</artifactId>
diff --git a/pom.xml b/pom.xml
index bece3f30..1a9639f4 100644
--- a/pom.xml
+++ b/pom.xml
@@ -20,7 +20,7 @@
 
   <groupId>org.flyte</groupId>
   <artifactId>flytekit-parent</artifactId>
-  <version>0.4.39</version>
+  <version>0.4.40-SNAPSHOT</version>
 
   <packaging>pom</packaging>
 
@@ -69,7 +69,7 @@
   <scm>
     <connection>scm:git:https://github.com/flyteorg/flytekit-java.git</connection>
     <developerConnection>scm:git:https://github.com/flyteorg/flytekit-java.git</developerConnection>
-    <tag>0.4.39</tag>
+    <tag>HEAD</tag>
     <url>https://github.com/flyteorg/flytekit-java</url>
   </scm>