diff --git a/DESCRIPTION b/DESCRIPTION
index 982d91dd..576bed89 100644
--- a/DESCRIPTION
+++ b/DESCRIPTION
@@ -1,6 +1,6 @@
 Package: bbotk
 Title: Black-Box Optimization Toolkit
-Version: 0.2.0.9000
+Version: 0.2.1
 Authors@R:
     c(person(given = "Marc",
              family = "Becker",
diff --git a/NEWS.md b/NEWS.md
index aa9b19b8..48f2cf2b 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,4 +1,4 @@
-# bbotk 0.2.0.9000
+# bbotk 0.2.1
 
 * Compact in-memory representation of R6 objects to save space when
   saving mlr3 objects via saveRDS(), serialize() etc.