diff --git a/Makefile b/Makefile
index 42d6ba6..c0a9857 100644
--- a/Makefile
+++ b/Makefile
@@ -1,4 +1,4 @@
-VERSION ?= v0.1.0
+VERSION ?= v0.2.0
 GO_CONTAINER_IMAGE ?= docker.io/golang:1.25.3
 
 # Set this to non-empty when building and pushing a release.
diff --git a/README.adoc b/README.adoc
index f802a24..20b88a9 100644
--- a/README.adoc
+++ b/README.adoc
@@ -125,7 +125,7 @@ RELEASE=true make push
 
 . Create a GitHub release.
 
-.. Create and push a Git tag with the v-prefixed `VERSION` (e.g., v0.1.0).
+.. Create and push a Git tag with the v-prefixed `VERSION` (e.g., vX.Y.Z).
 
 .. Create the GitHub release for the newly pushed tag. Automatically generate the release notes.
 
diff --git a/manifests/oxide-cloud-controller-manager.yaml b/manifests/oxide-cloud-controller-manager.yaml
index ed07927..51ac4d4 100644
--- a/manifests/oxide-cloud-controller-manager.yaml
+++ b/manifests/oxide-cloud-controller-manager.yaml
@@ -27,7 +27,7 @@ spec:
         - key: "node-role.kubernetes.io/control-plane"
           effect: NoSchedule
       containers:
-      - image: ghcr.io/oxidecomputer/oxide-cloud-controller-manager:0.1.0
+      - image: ghcr.io/oxidecomputer/oxide-cloud-controller-manager:0.2.0
         name: oxide-cloud-controller-manager
         command:
           - "/usr/bin/oxide-cloud-controller-manager"