diff --git a/CMakeLists.txt b/CMakeLists.txt
index 0acce4b1b47..698e41c49cb 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -29,7 +29,7 @@ endif()
 ###############################################################################
 # Project                                                                     #
 ###############################################################################
-project(fastdds VERSION "3.1.0" LANGUAGES C CXX)
+project(fastdds VERSION "3.1.1" LANGUAGES C CXX)
 
 set(PROJECT_NAME_LARGE "Fast DDS")
 string(TOUPPER "${PROJECT_NAME}" PROJECT_NAME_UPPER)
diff --git a/package.xml b/package.xml
index c80c33dc857..bca693896c7 100644
--- a/package.xml
+++ b/package.xml
@@ -2,7 +2,7 @@
 <?xml-model href="http://download.ros.org/schema/package_format3.xsd" schematypens="http://www.w3.org/2001/XMLSchema"?>
 <package format="3">
   <name>fastdds</name>
-  <version>3.1.0</version>
+  <version>3.1.1</version>
   <description>
      *eprosima Fast DDS* is a C++ implementation of the DDS (Data Distribution Service) standard of the OMG (Object Management Group). eProsima Fast DDS implements the RTPS (Real Time Publish Subscribe) protocol, which provides publisher-subscriber communications over unreliable transports such as UDP, as defined and maintained by the Object Management Group (OMG) consortium. RTPS is also the wire interoperability protocol defined for the Data Distribution Service (DDS) standard. *eProsima Fast DDS* expose an API to access directly the RTPS protocol, giving the user full access to the protocol internals.
   </description>
diff --git a/thirdparty/fastcdr b/thirdparty/fastcdr
index 9f4e60f7ac9..c17140cccf9 160000
--- a/thirdparty/fastcdr
+++ b/thirdparty/fastcdr
@@ -1 +1 @@
-Subproject commit 9f4e60f7ac958e0fbbfe949102de3929cbbc226f
+Subproject commit c17140cccf961c982dfcd123b8dfff3779def82f