diff --git a/_service b/_service
index 41cf419..01bb8d1 100644
--- a/_service
+++ b/_service
@@ -3,7 +3,7 @@
 	<service name="obs_scm" mode="manual">
 		<param name="scm">git</param>
 		<param name="url">git://linuxtv.org/libcamera</param>
-		<param name="revision">refs/tags/v0.0.1</param>
+		<param name="revision">refs/tags/v0.0.3</param>
 		<param name="versionformat">@PARENT_TAG@</param>
 		<param name="versionrewrite-pattern">v([0-9\.]*)</param>
 		<param name="changesgenerate">enable</param>
diff --git a/_servicedata b/_servicedata
index 89b93b9..8af777f 100644
--- a/_servicedata
+++ b/_servicedata
@@ -1,4 +1,4 @@
 <servicedata>
 <service name="tar_scm">
                 <param name="url">git://linuxtv.org/libcamera</param>
-              <param name="changesrevision">a83aed77df1258e469c0eb42d9cb4f1938db53f2</param></service></servicedata>
\ No newline at end of file
+              <param name="changesrevision">f66a5c447b65bce774a1bc2d01034f437bf764b5</param></service></servicedata>
\ No newline at end of file
diff --git a/baselibs.conf b/baselibs.conf
index 1ef0b27..0188e03 100644
--- a/baselibs.conf
+++ b/baselibs.conf
@@ -1,2 +1,2 @@
-libcamera0_0_1
-libcamera-base0_0_1
+libcamera0_0_3
+libcamera-base0_0_3
diff --git a/libcamera-0.0.1.obscpio b/libcamera-0.0.1.obscpio
deleted file mode 100644
index 564a4b9..0000000
--- a/libcamera-0.0.1.obscpio
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:e66607d2c3a6a10bcaf2856e03ca67c223b57aac2bdb9f78bfd069355783708e
-size 5570573
diff --git a/libcamera-0.0.3.obscpio b/libcamera-0.0.3.obscpio
new file mode 100644
index 0000000..92c313f
--- /dev/null
+++ b/libcamera-0.0.3.obscpio
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:c5bb3be9b2cdf85cdd3947dc2184e9ab42d2f5881b2610cc39bd3170e7bc9eba
+size 5829645
diff --git a/libcamera.changes b/libcamera.changes
index 7829e49..ba4e286 100644
--- a/libcamera.changes
+++ b/libcamera.changes
@@ -1,3 +1,46 @@
+-------------------------------------------------------------------
+Wed Dec 21 08:13:42 UTC 2022 - Paolo Stivanin <info@paolostivanin.com>
+
+- Update to version 0.0.3:
+  Core:
+   * Fix tracing when built as a subproject
+   * Avoid double map lookups in framebuffer_allocator
+   * Workaround faulty control menus
+   * controls: Change LensPosition units to dioptres
+   * camera_sensor: Add IMX519 sensor properties
+   * Documentation: contributing: Add commit message guidelines
+   * Declare generic converter interface
+  utils:
+   * Add libtuning
+   * Add initial libtuning script support for rkisp1 and raspberrypi.
+   * checkstyle.py: Check new header file on new and renamed meson.build files
+  ipa:
+   * Move IPA sensor controls validation to CameraSensor (IPU3/RKISP1)
+  rkisp1:
+   * Support FrameDurationLimits control for FrameRate management
+   * Support raw capture (IPA, configuration, and runtime)
+   * Add support for manual gain and exposure
+   * Fix stream size validation
+   * Add additional default values to controls
+  imx8-isi:
+   * Enumerate supported stream formats
+   * Set SensorTimestamp metadata
+  Raspberry Pi:
+   * Remove generic "pause" mechanism from Algorithm
+   - Remove enum BuffferMask from the mojom interface
+   - Fix digital gain calculations for manual mode
+   - Fix bug in IPA frame drop logic
+   - imx477: Update tuning file for the latest camera modules
+   - Add a "scientific" tuning for the IMX477
+  Apps:
+   - cam: kms: Avoid 'unused-parameter' warnings
+   - cam: Support parsing array controls in capture scripts
+   - gstreamer: Improve control id lookups
+   - lc-compliance: simple_capture: Free Requests properly
+  python:
+   - Support controls that use an array of Rectangles
+   - Expose the Request Sequence Number in Python Bindings
+
 -------------------------------------------------------------------
 Tue Oct 18 10:15:03 UTC 2022 - Bjørn Lie <bjorn.lie@gmail.com>
 
diff --git a/libcamera.obsinfo b/libcamera.obsinfo
index 2a7ef02..b6bb8e7 100644
--- a/libcamera.obsinfo
+++ b/libcamera.obsinfo
@@ -1,4 +1,4 @@
 name: libcamera
-version: 0.0.1
-mtime: 1665755326
-commit: a83aed77df1258e469c0eb42d9cb4f1938db53f2
+version: 0.0.3
+mtime: 1671548134
+commit: f66a5c447b65bce774a1bc2d01034f437bf764b5
diff --git a/libcamera.spec b/libcamera.spec
index 788034f..0f8a51d 100644
--- a/libcamera.spec
+++ b/libcamera.spec
@@ -16,10 +16,10 @@
 #
 
 
-%define lname       libcamera0_0_1
-%define lname_base  libcamera-base0_0_1
+%define lname       libcamera0_0_3
+%define lname_base  libcamera-base0_0_3
 Name:           libcamera
-Version:        0.0.1
+Version:        0.0.3
 Release:        0
 Summary:        A complex camera support library in C++
 License:        GPL-2.0-or-later AND LGPL-2.1-or-later