diff --git a/CMakeLists.txt b/CMakeLists.txt
index f01eba05be78d4a6e5c8e404e9bdd01329effb52..32c1eeb02b2ff3f9d1f0d53173ee9f6c85e85f45 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1,10 +1,10 @@
 PROJECT(llrfctrl-config NONE)
-cmake_minimum_required(VERSION 3.5)
+cmake_minimum_required(VERSION 3.12)
 
 # Note: Always keep MAJOR_VERSION and MINOR_VERSION identical to the server version. Count only the patch separately.
 set(${PROJECT_NAME}_MAJOR_VERSION 07)
-set(${PROJECT_NAME}_MINOR_VERSION 08)
-set(${PROJECT_NAME}_PATCH_VERSION 00)
+set(${PROJECT_NAME}_MINOR_VERSION 07)
+set(${PROJECT_NAME}_PATCH_VERSION 01)
 include(cmake/set_version_numbers.cmake)
 
 include(cmake/config_generator_project.cmake)