diff --git a/CHANGELOG.md b/CHANGELOG.md
index 876c6ca..881e3a4 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,25 @@
 # Changelog
  
+## [v0.7.0](https://github.com/lf-lang/epoch/tree/v0.7.0) (2024-05-01)
+
+**Highlights**
+
+This release includes an updated Lingua Franca compiler and updates of several dependencies.
+
+**🔧 Fixes**
+
+- Removal of failing federated template [\#62](https://github.com/lf-lang/epoch/pull/62) (@edwardalee)
+
+**🚧 Maintenance and Refactoring**
+
+- Proper formatting of templates [\#67](https://github.com/lf-lang/epoch/pull/67) (@lhstrh)
+
+**⬆️ Updated Dependencies**
+
+- Update the target platform to 2024-03, Xtext 2.34, Klighd 3.0.1, and ELK 0.9.1 [\#65](https://github.com/lf-lang/epoch/pull/65) (@soerendomroes)
+
+
+ 
 ## [v0.6.0](https://github.com/lf-lang/epoch/tree/v0.6.0) (2024-01-26)
 
 **Highlights**
diff --git a/org.lflang.product/plugin.xml b/org.lflang.product/plugin.xml
index 2d5c43d..ca73875 100644
--- a/org.lflang.product/plugin.xml
+++ b/org.lflang.product/plugin.xml
@@ -34,7 +34,7 @@
          </property>
          <property
                name="aboutText"
-               value="Version: 0.6.1-SNAPSHOT.&#x0A;&#x0A;Epoch is an IDE for Lingua Franca, a polyglot coordination language for building concurrent and distributed software that delivers predictable and reproducible reactive behavior.&#x0A;&#x0A;Visit our GitHub: https://repo.lf-lang.org/.&#x0A;&#x0A;This software is licensed under the BSD 2-Clause License.&#x0A;Copyright © 2019-2022, the Lingua Franca contributors. All rights reserved.">
+               value="Version: 0.7.0.&#x0A;&#x0A;Epoch is an IDE for Lingua Franca, a polyglot coordination language for building concurrent and distributed software that delivers predictable and reproducible reactive behavior.&#x0A;&#x0A;Visit our GitHub: https://repo.lf-lang.org/.&#x0A;&#x0A;This software is licensed under the BSD 2-Clause License.&#x0A;Copyright © 2019-2022, the Lingua Franca contributors. All rights reserved.">
          </property>
          <property
                name="preferenceCustomization"
diff --git a/org.lflang.product/splash.bmp b/org.lflang.product/splash.bmp
index a80e523..c7ce481 100644
Binary files a/org.lflang.product/splash.bmp and b/org.lflang.product/splash.bmp differ
diff --git a/org.lflang/lingua-franca b/org.lflang/lingua-franca
index 45dbbe0..f3af75b 160000
--- a/org.lflang/lingua-franca
+++ b/org.lflang/lingua-franca
@@ -1 +1 @@
-Subproject commit 45dbbe043a38c5aa1384a24ed9c254d7df01b01a
+Subproject commit f3af75b29b68740b0a49c80764931d351f28e088