diff --git a/sources b/sources
index 495870b..921a9a3 100644
--- a/sources
+++ b/sources
@@ -1,2 +1,2 @@
-SHA512 (virt-v2v-2.3.4.tar.gz) = 0ed49b4bcfc17d1ef769eb740fc70f16d1c8a53b0f6135e758bbc7bbad619302ec158db17bba7673bcfcf702c90f324c34135a4fc3221f7324af0b1780d9d75f
-SHA512 (virt-v2v-2.3.4.tar.gz.sig) = 6a59411c1a9fa14ee065076d1e96df4071eccbef6415c70889f02234fd3fe4daba854e70b1b7c761d3017f1c8ebf640fa4c1663da35b1c5763e350f1eb6adf10
+SHA512 (virt-v2v-2.3.5.tar.gz) = 30829a8e88a773476198f96c7355bcbc715fa95ca2b3be5427de6e1ff1db05e7e22312e7e7d60b4b0e7c556ddd54f517206332b65f8b8649cbb05ec96304373e
+SHA512 (virt-v2v-2.3.5.tar.gz.sig) = bab80165cebc9e71387769949123f577d5a587bce8e3a7bf9973a0a9b9bee0b2b4a32a98d73d9de97774edd68098debf6d0a60aec4c529c0b3efdd239eb555d6
diff --git a/virt-v2v.spec b/virt-v2v.spec
index 34deebf..9d034ee 100644
--- a/virt-v2v.spec
+++ b/virt-v2v.spec
@@ -14,8 +14,8 @@
 
 Name:          virt-v2v
 Epoch:         1
-Version:       2.3.4
-Release:       4%{?dist}
+Version:       2.3.5
+Release:       1%{?dist}
 Summary:       Convert a virtual machine to run on KVM
 
 License:       GPL-2.0-or-later AND LGPL-2.0-or-later
@@ -321,6 +321,9 @@ done
 
 
 %changelog
+* Fri Jul 14 2023 Richard W.M. Jones <rjones@redhat.com> - 1:2.3.5-1
+- New development branch version 2.3.5
+
 * Wed Jul 12 2023 Richard W.M. Jones <rjones@redhat.com> - 1:2.3.4-4
 - OCaml 5.0 rebuild for Fedora 39