diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7a9fcd6..2dbc410 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## 1.1.0 (2025-09-04)
+
+- feat: Add LocalStack license activation step to the setup wizard
+- fix: Add various correctness and speed improvements to LocalStack status tracker reporting
+- fix: Prevent starting LocalStack if it is already running or stopping when it is not running
+- chore: Add profiling traces to the output channel for the startup times of the extension and its plugins
+
 ## 1.0.2 (2025-09-02)
 
 - fix: Improve LocalStack status tracker reporting [#7](https://github.com/localstack/localstack-vscode-extension/pull/7)
diff --git a/package-lock.json b/package-lock.json
index 034af60..819fe9a 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
 	"name": "localstack",
-	"version": "1.0.2",
+	"version": "1.1.0",
 	"lockfileVersion": 3,
 	"requires": true,
 	"packages": {
 		"": {
 			"name": "localstack",
-			"version": "1.0.2",
+			"version": "1.1.0",
 			"license": "Apache-2.0",
 			"devDependencies": {
 				"@biomejs/biome": "^2.2.2",
diff --git a/package.json b/package.json
index 26e8db6..47d41bd 100644
--- a/package.json
+++ b/package.json
@@ -3,7 +3,7 @@
 	"publisher": "LocalStack",
 	"displayName": "LocalStack Toolkit",
 	"description": "LocalStack - Run locally, deploy globally!",
-	"version": "1.0.2",
+	"version": "1.1.0",
 	"preview": true,
 	"engines": {
 		"node": ">=20",