diff --git a/build/build.sh b/build/build.sh
index 758c6b326e2..a6ca9e1912f 100755
--- a/build/build.sh
+++ b/build/build.sh
@@ -381,8 +381,8 @@ if [[ $opt == 1 ]]; then
   if [[ $driver == 1 ]]; then
     unset CC
     unset CXX
-    echo "make -C usr/src/xrt-2.17.0/driver/xocl"
-    make -C usr/src/xrt-2.17.0/driver/xocl
+    echo "make -C usr/src/xrt-2.18.0/driver/xocl"
+    make -C usr/src/xrt-2.18.0/driver/xocl
     if [[ $CPU == "aarch64" ]]; then
 	# I know this is dirty as it messes up the source directory with build artifacts but this is the
 	# quickest way to enable native zocl build in Travis CI environment for aarch64
@@ -412,7 +412,7 @@ fi
 
 if [[ $checkpatch == 1 ]]; then
     # check only driver released files
-    DRIVERROOT=`readlink -f $BUILDDIR/$release_dir/usr/src/xrt-2.17.0/driver`
+    DRIVERROOT=`readlink -f $BUILDDIR/$release_dir/usr/src/xrt-2.18.0/driver`
 
     # find corresponding source under src tree so errors can be fixed in place
     XOCLROOT=`readlink -f $BUILDDIR/../src/runtime_src/core/pcie/driver`
diff --git a/src/CMakeLists.txt b/src/CMakeLists.txt
index 2e610ae8252..8166fb1178f 100644
--- a/src/CMakeLists.txt
+++ b/src/CMakeLists.txt
@@ -90,10 +90,10 @@ set (CMAKE_INSTALL_DEFAULT_COMPONENT_NAME "xrt")
 #set (XRT_DEV_COMPONENT "xrt-dev")
 set (XRT_DEV_COMPONENT "xrt")
 
-# Version adjusted to 2.17 for 2024.1
-set(XRT_VERSION_RELEASE 202410)
+# Version adjusted to 2.18 for 2024.2
+set(XRT_VERSION_RELEASE 202420)
 SET(XRT_VERSION_MAJOR 2)
-SET(XRT_VERSION_MINOR 17)
+SET(XRT_VERSION_MINOR 18)
 
 if (DEFINED ENV{XRT_VERSION_PATCH})
   SET(XRT_VERSION_PATCH $ENV{XRT_VERSION_PATCH})