diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2d88c147..a02e7766 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,10 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 
 ## [Unreleased]
+## [0.5.4] - 2024-07-01
+### Fixed
+- Require materialdatabase 0.3.0 for full materials compatibility 
+
 ## [0.5.3] - 2024-05-23
 ### Added 
 - Conductor placing strategies
@@ -103,7 +107,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - updated strand approximation
 ### Added
 - add option for dedicated stray path
-- add complex permeability and permitivity for core materials for Core Loss estimation
+- add complex permeability and permittivity for core materials for Core Loss estimation
 - add iGSE and GSE for Core Loss estimation
 
 ## [0.1.1] - 2021-08-11
@@ -113,7 +117,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ### Fixed
 - fix #2: config.json was not read correct
-- fix #3: Install pyfemm on windows machines in case of not installed pyfemm
+- fix #3: Install pyfemm on Windows machines in case of not installed pyfemm
 
 ## [0.1.0] - 2021-07-28
 ### Added
@@ -140,7 +144,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - add femmt/SolidComp.py
 - add femmt/CompRes.py
 
-[Unreleased]: https://github.com/upb-lea/transistordatabase/compare/0.5.3...HEAD
+[Unreleased]: https://github.com/upb-lea/transistordatabase/compare/0.5.4...HEAD
+[0.5.4]: https://github.com/upb-lea/transistordatabase/compare/0.5.4...0.5.3
 [0.5.3]: https://github.com/upb-lea/transistordatabase/compare/0.5.3...0.5.2
 [0.5.2]: https://github.com/upb-lea/transistordatabase/compare/0.5.2...0.5.1
 [0.5.1]: https://github.com/upb-lea/transistordatabase/compare/0.5.1...0.5.0
diff --git a/docs/source/conf.py b/docs/source/conf.py
index 7034a95e..642bbefe 100644
--- a/docs/source/conf.py
+++ b/docs/source/conf.py
@@ -23,7 +23,7 @@
 author = 'LEA-UPB'
 
 # The full version, including alpha/beta/rc tags
-release = '0.5.3'
+release = '0.5.4'
 
 # -- General configuration ---------------------------------------------------
 
diff --git a/setup.py b/setup.py
index 2bb4c3f3..f4e05b57 100644
--- a/setup.py
+++ b/setup.py
@@ -47,7 +47,7 @@
                       'PyQt5>=5.15.6',
                       'mplcursors>=0.5.1',  # TODO Is this necessary?
                       'deepdiff>=6.2.1',  # comparing result dicts for pytests
-                      'materialdatabase==0.2.0',
+                      'materialdatabase==0.3.0',
                       'optuna',
                       'plotly'],
     license="GNU General Public License v3",
@@ -66,7 +66,7 @@
         "Documentation": "https://upb-lea.github.io/FEM_Magnetics_Toolbox/main/intro.html",
         "Source Code": "https://github.com/upb-lea/FEM_Magnetics_Toolbox",
     },
-    version='0.5.3',
+    version='0.5.4',
     zip_safe=False,
     data_files=[('', ['CHANGELOG.md'])]
 )