diff --git a/VERSION b/VERSION
index 4b65b3c..8acdd82 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.0.0.dev0
+0.0.1
diff --git a/setup.cfg b/setup.cfg
index 3b72c88..8e7fae7 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -8,7 +8,7 @@ keywords = quantum, physics, dynamics, gpu, linear-algebra
 license = BSD 3-Clause License
 license_file = LICENSE.txt
 classifiers =
-    Development Status :: 2 - Pre-Alpha
+    Development Status :: 3 - Alpha
     Intended Audience :: Science/Research
     License :: OSI Approved :: BSD License
     Programming Language :: Python
@@ -28,7 +28,7 @@ package_dir =
 packages = find:
 include_package_data = True
 install_requires =
-    qutip>=5.0.0.dev0
+    qutip>=5.0.0
     jax
     jax[cpu]
     diffrax