diff --git a/ci/release/update-version.sh b/ci/release/update-version.sh
index ac834e5e..70d6962f 100755
--- a/ci/release/update-version.sh
+++ b/ci/release/update-version.sh
@@ -45,10 +45,23 @@ DEPENDENCIES=(
   kvikio
   rapids-dask-dependency
 )
-for FILE in dependencies.yaml conda/environments/*.yaml; do
-  for DEP in "${DEPENDENCIES[@]}"; do
+for DEP in "${DEPENDENCIES[@]}"; do
+  for FILE in dependencies.yaml conda/environments/*.yaml; do
     sed_runner "/-.* ${DEP}\(-cu[[:digit:]]\{2\}\)\{0,1\}==/ s/==.*/==${NEXT_SHORT_TAG_PEP440}.*,>=0.0.0a0/g" "${FILE}"
   done
+  sed_runner "/\"${DEP}==/ s/==.*\"/==${NEXT_SHORT_TAG_PEP440}.*,>=0.0.0a0\"/g" pyproject.toml
+done
+
+UCX_DEPENDENCIES=(
+  distributed-ucxx
+  ucx-py
+  ucxx
+)
+for DEP in "${UCX_DEPENDENCIES[@]}"; do
+  for FILE in dependencies.yaml conda/environments/*.yaml; do 
+    sed_runner "/-.* ${DEP}\(-cu[[:digit:]]\{2\}\)\{0,1\}==/ s/==.*/==${NEXT_UCXPY_VERSION}.*,>=0.0.0a0/g" "${FILE}"
+  done
+  sed_runner "/\"${DEP}==/ s/==.*\"/==${NEXT_UCXPY_VERSION}.*,>=0.0.0a0\"/g" pyproject.toml
 done
 
 # CI files