diff --git a/README.md b/README.md
index 187cf91..89db47a 100644
--- a/README.md
+++ b/README.md
@@ -13,10 +13,10 @@
 
 # Silicon Labs Wi-Fi Applications #
 
-[![Version Badge](https://img.shields.io/badge/-v1.0.0-green)](https://github.com/SiliconLabs/wifi_applications/releases)
+[![Version Badge](https://img.shields.io/badge/-v1.0.1-green)](https://github.com/SiliconLabs/wifi_applications/releases)
 [![GSDK Badge](https://img.shields.io/badge/GSDK-v4.4.3-green)](https://github.com/SiliconLabs/gecko_sdk/releases)
 [![WSDK Badge](https://img.shields.io/badge/WSDK-v3.2.0-green)](https://github.com/SiliconLabs/wiseconnect/releases)
-[![TPHD Version Badge](https://img.shields.io/badge/TPHD-v3.0.0+-green)](https://github.com/SiliconLabs/third_party_hw_drivers_extension/releases)
+[![TPHD Version Badge](https://img.shields.io/badge/TPHD-v3.0.1+-green)](https://github.com/SiliconLabs/third_party_hw_drivers_extension/releases)
 ![License badge](https://img.shields.io/badge/License-Zlib-green)
 
 The Silicon Labs Wi-Fi allows for a wide variety applications to be built on its foundation. This repo showcases some example applications using the Silicon Labs Wi-Fi.
diff --git a/wifi_asset_tracking/README.md b/wifi_asset_tracking/README.md
index c196037..0831f90 100644
--- a/wifi_asset_tracking/README.md
+++ b/wifi_asset_tracking/README.md
@@ -89,7 +89,7 @@ Firmware application consists of three logical modules:
 - Follow these document to setup your [Azure Cloud](https://github.com/SiliconLabs/wifi_applications/blob/main/wifi_asset_tracking/AZURE.md) and [Dashboard](https://github.com/SiliconLabs/wifi_applications/blob/main/wifi_asset_tracking/dashboard/README.md)
 - [Gecko SDK (GSDK) Version 4.4.3](https://github.com/SiliconLabs/gecko_sdk/releases/tag/v4.4.3)
 - [WiSeConnect 3.2.0 SDK](https://docs.silabs.com/wiseconnect/3.2.0/wiseconnect-developers-guide-developing-for-silabs-hosts/)
-- [Third Party Hardware Drivers Extension V3.0.0](https://github.com/SiliconLabs/third_party_hw_drivers_extension/releases/tag/v3.0.0)
+- [Third Party Hardware Drivers Extension V3.0.1](https://github.com/SiliconLabs/third_party_hw_drivers_extension/releases/tag/v3.0.0)
 
 ## Setup ##
 
diff --git a/wifi_asset_tracking/SimplicityStudio/wifi_asset_tracking.slcp b/wifi_asset_tracking/SimplicityStudio/wifi_asset_tracking.slcp
index e527de7..e9500fa 100644
--- a/wifi_asset_tracking/SimplicityStudio/wifi_asset_tracking.slcp
+++ b/wifi_asset_tracking/SimplicityStudio/wifi_asset_tracking.slcp
@@ -107,7 +107,7 @@ tag:
 
 sdk_extension:
 - id: third_party_hw_drivers
-  version: 3.0.0
+  version: 3.0.1
 - id: wiseconnect3_sdk
   version: 3.2.0