diff --git a/MekHQ/docs/history.txt b/MekHQ/docs/history.txt
index 891f3b2d63..4cb7a52c03 100644
--- a/MekHQ/docs/history.txt
+++ b/MekHQ/docs/history.txt
@@ -1,6 +1,6 @@
 MEKHQ VERSION HISTORY:
 ---------------
-0.50.01-SNAPSHOT
+0.50.01 (2024-11-10 1800 UTC)
 + PR #4810: Respecting Trademarks (Mech to Mek)
 + FIX #4417, #4764, #4774: Updated Campaign Presets & Addressed Relevant Name Change Issues
 + PR #4655: Refactored Random Company Name Generator to Use CSV
diff --git a/build.gradle b/build.gradle
index 4c57ea1ba6..ff6751c925 100644
--- a/build.gradle
+++ b/build.gradle
@@ -15,7 +15,7 @@ allprojects {
 
 subprojects {
     group = 'org.megamek'
-    version = '0.50.01-SNAPSHOT'
+    version = '0.50.01'
 }
 
 // A properties_local.gradle file can be used to override any of the above options. For instance,