diff --git a/.pre-commit-config.yaml b/.pre-commit-config.yaml
index 2fa5031c1..b8fb62024 100644
--- a/.pre-commit-config.yaml
+++ b/.pre-commit-config.yaml
@@ -14,13 +14,13 @@ repos:
       - id: black
 
 -   repo: https://github.com/charliermarsh/ruff-pre-commit
-    rev: "v0.15.21"
+    rev: "v0.16.1"
     hooks:
       - id: ruff
         args: [--fix]
 
 -   repo: https://github.com/pre-commit/mirrors-mypy
-    rev: v2.2.0
+    rev: v2.3.0
     hooks:
       - id: mypy
         exclude: examples|docs
diff --git a/pyproject.toml b/pyproject.toml
index e11d022f9..4e46136e8 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -6,7 +6,7 @@ build-backend = "hatchling.build"
 name = "qoolqit"
 description = "A Python library for developing algorithms in the Rydberg Analog Model."
 readme = "README.md"
-version = "1.2.0"
+version = "1.3.0"
 requires-python = ">=3.10"
 license = { text = "MIT-derived" }
 keywords = ["quantum"]
diff --git a/qoolqit/__init__.py b/qoolqit/__init__.py
index cd11c0386..a5448f314 100644
--- a/qoolqit/__init__.py
+++ b/qoolqit/__init__.py
@@ -50,7 +50,7 @@
 ]
 
 
-__version__ = "1.2.0"
+__version__ = "1.3.0"
 
 store_package_version_metadata("qoolqit", __version__)