diff --git a/Cargo.lock b/Cargo.lock
index 7450c4ba4d..d99fb793d0 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -251,7 +251,7 @@ dependencies = [
 
 [[package]]
 name = "apollo-router"
-version = "1.40.1"
+version = "1.40.2-rc.0"
 dependencies = [
  "access-json",
  "anyhow",
@@ -407,7 +407,7 @@ dependencies = [
 
 [[package]]
 name = "apollo-router-benchmarks"
-version = "1.40.1"
+version = "1.40.2-rc.0"
 dependencies = [
  "apollo-parser",
  "apollo-router",
@@ -423,7 +423,7 @@ dependencies = [
 
 [[package]]
 name = "apollo-router-scaffold"
-version = "1.40.1"
+version = "1.40.2-rc.0"
 dependencies = [
  "anyhow",
  "cargo-scaffold",
diff --git a/apollo-router-benchmarks/Cargo.toml b/apollo-router-benchmarks/Cargo.toml
index 3fcfbd8839..6e7610928f 100644
--- a/apollo-router-benchmarks/Cargo.toml
+++ b/apollo-router-benchmarks/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "apollo-router-benchmarks"
-version = "1.40.1"
+version = "1.40.2-rc.0"
 authors = ["Apollo Graph, Inc. <packages@apollographql.com>"]
 edition = "2021"
 license = "Elastic-2.0"
diff --git a/apollo-router-scaffold/Cargo.toml b/apollo-router-scaffold/Cargo.toml
index 005a08fd06..edcc0cbb95 100644
--- a/apollo-router-scaffold/Cargo.toml
+++ b/apollo-router-scaffold/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "apollo-router-scaffold"
-version = "1.40.1"
+version = "1.40.2-rc.0"
 authors = ["Apollo Graph, Inc. <packages@apollographql.com>"]
 edition = "2021"
 license = "Elastic-2.0"
diff --git a/apollo-router-scaffold/templates/base/Cargo.toml b/apollo-router-scaffold/templates/base/Cargo.toml
index fe1f09a95f..5db7f32a73 100644
--- a/apollo-router-scaffold/templates/base/Cargo.toml
+++ b/apollo-router-scaffold/templates/base/Cargo.toml
@@ -22,7 +22,7 @@ apollo-router = { path ="{{integration_test}}apollo-router" }
 apollo-router = { git="https://github.com/apollographql/router.git", branch="{{branch}}" }
 {{else}}
 # Note if you update these dependencies then also update xtask/Cargo.toml
-apollo-router = "1.40.1"
+apollo-router = "1.40.2-rc.0"
 {{/if}}
 {{/if}}
 async-trait = "0.1.52"
diff --git a/apollo-router-scaffold/templates/base/xtask/Cargo.toml b/apollo-router-scaffold/templates/base/xtask/Cargo.toml
index 9d7834e090..c0b47aa22e 100644
--- a/apollo-router-scaffold/templates/base/xtask/Cargo.toml
+++ b/apollo-router-scaffold/templates/base/xtask/Cargo.toml
@@ -13,7 +13,7 @@ apollo-router-scaffold = { path ="{{integration_test}}apollo-router-scaffold" }
 {{#if branch}}
 apollo-router-scaffold = { git="https://github.com/apollographql/router.git", branch="{{branch}}" }
 {{else}}
-apollo-router-scaffold = { git = "https://github.com/apollographql/router.git", tag = "v1.40.1" }
+apollo-router-scaffold = { git = "https://github.com/apollographql/router.git", tag = "v1.40.2-rc.0" }
 {{/if}}
 {{/if}}
 anyhow = "1.0.58"
diff --git a/apollo-router/Cargo.toml b/apollo-router/Cargo.toml
index 976fc0a112..35834d4ec7 100644
--- a/apollo-router/Cargo.toml
+++ b/apollo-router/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "apollo-router"
-version = "1.40.1"
+version = "1.40.2-rc.0"
 authors = ["Apollo Graph, Inc. <packages@apollographql.com>"]
 repository = "https://github.com/apollographql/router/"
 documentation = "https://docs.rs/apollo-router"
diff --git a/dockerfiles/tracing/docker-compose.datadog.yml b/dockerfiles/tracing/docker-compose.datadog.yml
index 7914c7c671..38e38839bf 100644
--- a/dockerfiles/tracing/docker-compose.datadog.yml
+++ b/dockerfiles/tracing/docker-compose.datadog.yml
@@ -3,7 +3,7 @@ services:
 
   apollo-router:
     container_name: apollo-router
-    image: ghcr.io/apollographql/router:v1.40.1
+    image: ghcr.io/apollographql/router:v1.40.2-rc.0
     volumes:
       - ./supergraph.graphql:/etc/config/supergraph.graphql
       - ./router/datadog.router.yaml:/etc/config/configuration.yaml
diff --git a/dockerfiles/tracing/docker-compose.jaeger.yml b/dockerfiles/tracing/docker-compose.jaeger.yml
index 84d4effa5e..3dd8a68e70 100644
--- a/dockerfiles/tracing/docker-compose.jaeger.yml
+++ b/dockerfiles/tracing/docker-compose.jaeger.yml
@@ -4,7 +4,7 @@ services:
   apollo-router:
     container_name: apollo-router
     #build: ./router
-    image: ghcr.io/apollographql/router:v1.40.1
+    image: ghcr.io/apollographql/router:v1.40.2-rc.0
     volumes:
       - ./supergraph.graphql:/etc/config/supergraph.graphql
       - ./router/jaeger.router.yaml:/etc/config/configuration.yaml
diff --git a/dockerfiles/tracing/docker-compose.zipkin.yml b/dockerfiles/tracing/docker-compose.zipkin.yml
index 4fefad7d24..d0f4dfe984 100644
--- a/dockerfiles/tracing/docker-compose.zipkin.yml
+++ b/dockerfiles/tracing/docker-compose.zipkin.yml
@@ -4,7 +4,7 @@ services:
   apollo-router:
     container_name: apollo-router
     build: ./router
-    image: ghcr.io/apollographql/router:v1.40.1
+    image: ghcr.io/apollographql/router:v1.40.2-rc.0
     volumes:
       - ./supergraph.graphql:/etc/config/supergraph.graphql
       - ./router/zipkin.router.yaml:/etc/config/configuration.yaml
diff --git a/helm/chart/router/Chart.yaml b/helm/chart/router/Chart.yaml
index 18abc116e9..9d30022bfa 100644
--- a/helm/chart/router/Chart.yaml
+++ b/helm/chart/router/Chart.yaml
@@ -20,10 +20,10 @@ type: application
 # so it matches the shape of our release process and release automation.
 # By proxy of that decision, this version uses SemVer 2.0.0, though the prefix
 # of "v" is not included.
-version: 1.40.1
+version: 1.40.2-rc.0
 
 # This is the version number of the application being deployed. This version number should be
 # incremented each time you make changes to the application. Versions are not expected to
 # follow Semantic Versioning. They should reflect the version the application is using.
 # It is recommended to use it with quotes.
-appVersion: "v1.40.1"
+appVersion: "v1.40.2-rc.0"
diff --git a/helm/chart/router/README.md b/helm/chart/router/README.md
index ca7386b099..952a669440 100644
--- a/helm/chart/router/README.md
+++ b/helm/chart/router/README.md
@@ -2,7 +2,7 @@
 
 [router](https://github.com/apollographql/router) Rust Graph Routing runtime for Apollo Federation
 
-![Version: 1.40.1](https://img.shields.io/badge/Version-1.40.1-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: v1.40.1](https://img.shields.io/badge/AppVersion-v1.40.1-informational?style=flat-square)
+![Version: 1.40.2-rc.0](https://img.shields.io/badge/Version-1.40.2--rc.0-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: v1.40.2-rc.0](https://img.shields.io/badge/AppVersion-v1.40.2--rc.0-informational?style=flat-square)
 
 ## Prerequisites
 
@@ -11,7 +11,7 @@
 ## Get Repo Info
 
 ```console
-helm pull oci://ghcr.io/apollographql/helm-charts/router --version 1.40.1
+helm pull oci://ghcr.io/apollographql/helm-charts/router --version 1.40.2-rc.0
 ```
 
 ## Install Chart
@@ -19,7 +19,7 @@ helm pull oci://ghcr.io/apollographql/helm-charts/router --version 1.40.1
 **Important:** only helm3 is supported
 
 ```console
-helm upgrade --install [RELEASE_NAME] oci://ghcr.io/apollographql/helm-charts/router --version 1.40.1 --values my-values.yaml
+helm upgrade --install [RELEASE_NAME] oci://ghcr.io/apollographql/helm-charts/router --version 1.40.2-rc.0 --values my-values.yaml
 ```
 
 _See [configuration](#configuration) below._
diff --git a/licenses.html b/licenses.html
index adf542cc66..43ab3940fc 100644
--- a/licenses.html
+++ b/licenses.html
@@ -12971,10 +12971,14 @@ <h4>Used by:</h4>
                 <h3 id="Elastic-2.0">Elastic License 2.0</h3>
                 <h4>Used by:</h4>
                 <ul class="license-used-by">
-                    <li><a href=" https://github.com/apollographql/federation/ ">router-bridge</a></li>
+                    <li><a href=" https://github.com/apollographql/federation-next ">apollo-federation</a></li>
                 </ul>
                 <pre class="license-text">Copyright 2021 Apollo Graph, Inc.
 
+Source code in this repository is covered by (i) the Elastic License 2.0 or (ii) an MIT compatible license, in each case, as designated by a licensing file in a subdirectory or file header. The default throughout the repository is a license under the Elastic License 2.0, unless a file header or a licensing file in a subdirectory specifies another license.
+
+--------------------------------------------------------------------------------
+
 Elastic License 2.0
 
 ## Acceptance
@@ -13067,22 +13071,17 @@ <h4>Used by:</h4>
 
 **trademark** means trademarks, service marks, and similar rights.
 
---------------------------------------------------------------------------------
-</pre>
+--------------------------------------------------------------------------------</pre>
             </li>
             <li class="license">
                 <h3 id="Elastic-2.0">Elastic License 2.0</h3>
                 <h4>Used by:</h4>
                 <ul class="license-used-by">
-                    <li><a href=" https://github.com/apollographql/federation-next ">apollo-federation</a></li>
+                    <li><a href=" https://github.com/apollographql/federation/ ">router-bridge</a></li>
                 </ul>
-                <pre class="license-text">Copyright 2021 Apollo Graph, Inc.
-
-Source code in this repository is covered by (i) the Elastic License 2.0 or (ii) an MIT compatible license, in each case, as designated by a licensing file in a subdirectory or file header. The default throughout the repository is a license under the Elastic License 2.0, unless a file header or a licensing file in a subdirectory specifies another license.
-
---------------------------------------------------------------------------------
+                <pre class="license-text">Elastic License 2.0
 
-Elastic License 2.0
+URL: https://www.elastic.co/licensing/elastic-license
 
 ## Acceptance
 
@@ -13173,8 +13172,7 @@ <h4>Used by:</h4>
 **use** means anything you do with the software requiring one of your licenses.
 
 **trademark** means trademarks, service marks, and similar rights.
-
---------------------------------------------------------------------------------</pre>
+</pre>
             </li>
             <li class="license">
                 <h3 id="ISC">ISC License</h3>
diff --git a/scripts/install.sh b/scripts/install.sh
index 2c5e4c0fcc..c7fe26bca9 100755
--- a/scripts/install.sh
+++ b/scripts/install.sh
@@ -11,7 +11,7 @@ BINARY_DOWNLOAD_PREFIX="https://github.com/apollographql/router/releases/downloa
 
 # Router version defined in apollo-router's Cargo.toml
 # Note: Change this line manually during the release steps.
-PACKAGE_VERSION="v1.40.1"
+PACKAGE_VERSION="v1.40.2-rc.0"
 
 download_binary() {
     downloader --check