diff --git a/CMakeLists.txt b/CMakeLists.txt
index 55a83477917ff6b24357edd4570de5404b7626e1..951fe4f9b3a85b1cc01ef6a834d0e4d7e835074d 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -11,7 +11,7 @@
 cmake_minimum_required(VERSION 3.15)
 option(CMAKE_EXPORT_COMPILE_COMMANDS "Enable/Disable output of compile_commands.json" ON)
 
-project(Lbcom VERSION 37.15
+project(Lbcom VERSION 37.16
         LANGUAGES CXX)
 
 # Enable testing with CTest/CDash
diff --git a/ReleaseNotes/v37r16.md b/ReleaseNotes/v37r16.md
new file mode 100644
index 0000000000000000000000000000000000000000..165a74f6640c341c37ab7fcce0667dd83e2f876e
--- /dev/null
+++ b/ReleaseNotes/v37r16.md
@@ -0,0 +1,32 @@
+2025-11-12 Lbcom v37r16
+===
+
+This version uses
+LHCb [v57r16](../../../../LHCb/-/tags/v57r16),
+Detector [v3r3p3](../../../../Detector/-/tags/v3r3p3),
+Gaudi [v40r0](../../../../Gaudi/-/tags/v40r0) and
+LCG [106c](http://lcginfo.cern.ch/release/106c/) with ROOT 6.32.10.
+
+This version is released on the `2025-patches` branch.
+Built relative to Lbcom [v37r15](/../../tags/v37r15), with the following changes:
+
+### New features ~"new feature"
+
+
+
+### Fixes ~"bug fix" ~workaround
+
+
+
+### Enhancements ~enhancement
+
+
+
+### Code cleanups and changes to tests ~modernisation ~cleanup ~testing
+
+
+
+### Documentation ~Documentation
+
+
+### Other