diff --git a/Cargo.lock b/Cargo.lock
index 3f4c7d0c24..523ac048d9 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -607,7 +607,7 @@ dependencies = [
 
 [[package]]
 name = "cloud"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "cloud-openapi",
@@ -1325,7 +1325,7 @@ checksum = "0bd4b30a6560bbd9b4620f4de34c3f14f60848e58a9b7216801afcb4c7b31c3c"
 
 [[package]]
 name = "e2e-testing"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "async-trait",
@@ -2991,7 +2991,7 @@ dependencies = [
 
 [[package]]
 name = "outbound-http"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "http",
@@ -3005,7 +3005,7 @@ dependencies = [
 
 [[package]]
 name = "outbound-mysql"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "mysql_async",
@@ -3019,7 +3019,7 @@ dependencies = [
 
 [[package]]
 name = "outbound-pg"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "native-tls",
@@ -3033,7 +3033,7 @@ dependencies = [
 
 [[package]]
 name = "outbound-redis"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "redis",
@@ -4274,7 +4274,7 @@ checksum = "6e63cff320ae2c57904679ba7cb63280a3dc4613885beafb148ee7bf9aa9042d"
 
 [[package]]
 name = "spin-abi-conformance"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "cap-std",
@@ -4294,7 +4294,7 @@ dependencies = [
 
 [[package]]
 name = "spin-app"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "async-trait",
@@ -4307,7 +4307,7 @@ dependencies = [
 
 [[package]]
 name = "spin-bindle"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "bindle",
@@ -4335,7 +4335,7 @@ dependencies = [
 
 [[package]]
 name = "spin-build"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "futures",
@@ -4349,7 +4349,7 @@ dependencies = [
 
 [[package]]
 name = "spin-cli"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "async-trait",
@@ -4414,7 +4414,7 @@ dependencies = [
 
 [[package]]
 name = "spin-config"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "async-trait",
@@ -4432,7 +4432,7 @@ dependencies = [
 
 [[package]]
 name = "spin-core"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "async-trait",
@@ -4448,7 +4448,7 @@ dependencies = [
 
 [[package]]
 name = "spin-http"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "async-trait",
@@ -4477,7 +4477,7 @@ dependencies = [
 
 [[package]]
 name = "spin-key-value"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "lru 0.9.0",
@@ -4502,7 +4502,7 @@ dependencies = [
 
 [[package]]
 name = "spin-loader"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "async-trait",
@@ -4549,7 +4549,7 @@ dependencies = [
 
 [[package]]
 name = "spin-manifest"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "indexmap",
  "serde",
@@ -4559,7 +4559,7 @@ dependencies = [
 
 [[package]]
 name = "spin-oci"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "base64 0.21.0",
@@ -4582,7 +4582,7 @@ dependencies = [
 
 [[package]]
 name = "spin-plugins"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "bytes",
@@ -4603,7 +4603,7 @@ dependencies = [
 
 [[package]]
 name = "spin-redis-engine"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "async-trait",
@@ -4620,7 +4620,7 @@ dependencies = [
 
 [[package]]
 name = "spin-sdk"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "bytes",
@@ -4633,7 +4633,7 @@ dependencies = [
 
 [[package]]
 name = "spin-templates"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "async-trait",
@@ -4669,7 +4669,7 @@ dependencies = [
 
 [[package]]
 name = "spin-testing"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "http",
@@ -4686,7 +4686,7 @@ dependencies = [
 
 [[package]]
 name = "spin-trigger"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "async-trait",
diff --git a/Cargo.toml b/Cargo.toml
index 02a063a8db..1e7b823ec6 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -7,7 +7,7 @@ license = "Apache-2.0 WITH LLVM-exception"
 rust-version = "1.64"
 
 [workspace.package]
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 authors = ["Fermyon Engineering <engineering@fermyon.com>"]
 edition = "2021"
 
diff --git a/templates/Makefile b/templates/Makefile
index ea6a24f0ed..2979799b8f 100644
--- a/templates/Makefile
+++ b/templates/Makefile
@@ -1,4 +1,4 @@
-SDK_VERSION ?= v0.11.0-pre0
+SDK_VERSION ?= v1.0.0-rc.1
 
 bump-versions: bump-go-versions bump-rust-versions
 
diff --git a/tests/http/headers-env-routes-test/Cargo.lock b/tests/http/headers-env-routes-test/Cargo.lock
index 49381c02d9..310c6e37e3 100644
--- a/tests/http/headers-env-routes-test/Cargo.lock
+++ b/tests/http/headers-env-routes-test/Cargo.lock
@@ -147,7 +147,7 @@ dependencies = [
 
 [[package]]
 name = "spin-sdk"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "bytes",
diff --git a/tests/http/simple-spin-rust/Cargo.lock b/tests/http/simple-spin-rust/Cargo.lock
index 68ebbf5909..d6730ffbe8 100644
--- a/tests/http/simple-spin-rust/Cargo.lock
+++ b/tests/http/simple-spin-rust/Cargo.lock
@@ -154,7 +154,7 @@ dependencies = [
 
 [[package]]
 name = "spin-sdk"
-version = "0.11.0-pre0"
+version = "1.0.0-rc.1"
 dependencies = [
  "anyhow",
  "bytes",