diff --git a/MSBuild/Robust.Engine.Version.props b/MSBuild/Robust.Engine.Version.props
index 81cb0f6fabe..8893015f20a 100644
--- a/MSBuild/Robust.Engine.Version.props
+++ b/MSBuild/Robust.Engine.Version.props
@@ -1,4 +1,4 @@
 <Project>

     <!-- This file automatically reset by Tools/version.py -->

-    <PropertyGroup><Version>174.0.0</Version></PropertyGroup>

+    <PropertyGroup><Version>175.0.0</Version></PropertyGroup>

 </Project>

diff --git a/RELEASE-NOTES.md b/RELEASE-NOTES.md
index a39fd9c9d67..48c725c110f 100644
--- a/RELEASE-NOTES.md
+++ b/RELEASE-NOTES.md
@@ -54,6 +54,32 @@ END TEMPLATE-->
 *None yet*
 
 
+## 175.0.0
+
+### Breaking changes
+
+* Removed static SoundSystem.Play methods.
+* Moved IPlayingAudioStream onto AudioComponent and entities instead of an abstract stream.
+* IResourceCache is in shared and IClientResourceCache is the client version to use for textures.
+* Default audio attenuation changed from InverseDistanceClamped to LinearDistanceClamped.
+* Removed per-source audio attenuation.
+
+### New features
+
+* Add preliminary support for EFX Reverb presets + auxiliary slots; these are also entities.
+* Audio on grid entities is now attached to the grid.
+
+### Bugfixes
+
+* If an audio entity comes into PVS range its track will start at the relevant offset and not the beginning.
+* Z-Axis offset is considered for ReferenceDistance / MaxDistance for audio.
+* Audio will now pause if the attached entity is paused.
+
+### Other
+
+* Changed audio Z-Axis offset from -5m to -1m.
+
+
 ## 174.0.0
 
 ### Breaking changes