diff --git a/nordicsemi/version.py b/nordicsemi/version.py
index bc271b1..e092882 100644
--- a/nordicsemi/version.py
+++ b/nordicsemi/version.py
@@ -37,4 +37,4 @@
 
 """ Version definition for nrfutil. """
 
-NRFUTIL_VERSION = "3.5.0"
+NRFUTIL_VERSION = "3.5.1"