diff --git a/.github/CHANGELOG.md b/.github/CHANGELOG.md
index 35ded245..e6a302fd 100644
--- a/.github/CHANGELOG.md
+++ b/.github/CHANGELOG.md
@@ -1,6 +1,9 @@
 # Change Log
 All notable changes to this project will be documented in this file.
 
+## [v1.0.2] - 2021-08-05
+d73da1b replace launchTemplate latest string with version number (#296)
+
 ## [v1.0.1] - 2021-08-05
 52d80d9 check for ASG's launch template version instead latest. (#293)
 c35445d Controller v2: fix BDD template and update Dockerfile with bash  (#292)
diff --git a/Makefile b/Makefile
index 0871904c..c9ebde73 100644
--- a/Makefile
+++ b/Makefile
@@ -1,4 +1,4 @@
-VERSION=1.0.1
+VERSION=1.0.2
 # Image URL to use all building/pushing image targets
 IMG ?= controller:latest
 # Produce CRDs that work back to Kubernetes 1.11 (no version conversion)
diff --git a/config/default/manager_image_patch.yaml b/config/default/manager_image_patch.yaml
index d0d64860..96f37bc2 100644
--- a/config/default/manager_image_patch.yaml
+++ b/config/default/manager_image_patch.yaml
@@ -8,5 +8,5 @@ spec:
     spec:
       containers:
       # Change the value of image field below to your controller image URL
-      - image: keikoproj/rolling-upgrade-controller:1.0.1
+      - image: keikoproj/rolling-upgrade-controller:1.0.2
         name: manager