diff --git a/Makefile b/Makefile
index 01c159951..ad9403426 100644
--- a/Makefile
+++ b/Makefile
@@ -1,5 +1,5 @@
 # Current Operator version
-VERSION ?= 0.15.0
+VERSION ?= 0.15.1
 # Default bundle image tag
 BUNDLE_IMG ?= controller-bundle:$(VERSION)
 # Options for 'bundle-build'