diff --git a/flowblade-trunk/Flowblade/dialogs.py b/flowblade-trunk/Flowblade/dialogs.py
index 219e29a8a..15835b712 100644
--- a/flowblade-trunk/Flowblade/dialogs.py
+++ b/flowblade-trunk/Flowblade/dialogs.py
@@ -681,7 +681,7 @@ def about_dialog(parent_window):
     # Application tab
     img = Gtk.Image.new_from_file(respaths.IMAGE_PATH + "flowbladeappicon.png")
     flow_label = Gtk.Label(label="Flowblade Movie Editor")
-    ver_label = Gtk.Label(label="2.16.2")
+    ver_label = Gtk.Label(label="2.16.3")
     janne_label = Gtk.Label(label="Copyright 2024 Janne Liljeblad and contributors.")
     page_label = Gtk.Label(label=_("Project page:") + " " + "<a href=\"https://github.com/jliljebl/flowblade\">https://github.com/jliljebl/flowblade</a>")
     page_label.set_use_markup(True)
diff --git a/flowblade-trunk/Flowblade/editorstate.py b/flowblade-trunk/Flowblade/editorstate.py
index 23f7adfef..bd7f09855 100644
--- a/flowblade-trunk/Flowblade/editorstate.py
+++ b/flowblade-trunk/Flowblade/editorstate.py
@@ -100,7 +100,7 @@
 # Runtime environment data
 gtk_version = None
 mlt_version = None
-appversion = "2.16.2"
+appversion = "2.16.3"
 RUNNING_FROM_INSTALLATION = 0
 RUNNING_FROM_DEV_VERSION = 1
 RUNNING_FROM_FLATPAK = 2
diff --git a/flowblade-trunk/flowblade b/flowblade-trunk/flowblade
index 6d4fdcf51..ad275cd9b 100755
--- a/flowblade-trunk/flowblade
+++ b/flowblade-trunk/flowblade
@@ -24,7 +24,7 @@ import os
 import sys
 
 
-print ("FLOWBLADE MOVIE EDITOR 2.16.2")
+print ("FLOWBLADE MOVIE EDITOR 2.16.3")
 print ("-----------------------------")
 
 # Get launch script dir
diff --git a/flowblade-trunk/installdata/io.github.jliljebl.Flowblade.appdata.xml b/flowblade-trunk/installdata/io.github.jliljebl.Flowblade.appdata.xml
index b8c56b059..f1ab86fef 100644
--- a/flowblade-trunk/installdata/io.github.jliljebl.Flowblade.appdata.xml
+++ b/flowblade-trunk/installdata/io.github.jliljebl.Flowblade.appdata.xml
@@ -21,6 +21,16 @@
   </screenshots>
   <content_rating type="oars-1.1" />
   <releases>
+    <release version="2.16.3" date="2024-06-10">
+      <description>
+      <p>New features:</p>
+        <ul>
+          <li>Motion tracking</li>
+          <li>Stabilizing</li>
+          <li>Slow motion playback support for JKL and USB Jog/Shuttle devices</li>
+        </ul>
+      </description>
+    </release>
     <release version="2.16.2" date="2024-05-29">
       <description>
       <p>New features:</p>
diff --git a/flowblade-trunk/setup.py b/flowblade-trunk/setup.py
index 14ca596a6..526704327 100755
--- a/flowblade-trunk/setup.py
+++ b/flowblade-trunk/setup.py
@@ -49,7 +49,7 @@
     locale_files.append(filepath)
 
 setup(  name='flowblade',
-        version='2.16.2',
+        version='2.16.3',
         author='Janne Liljeblad',
         author_email='janne.liljeblad at gmail dot com',
         description='Non-linear video editor',