diff --git a/bindings/cpp/CMakeLists.txt b/bindings/cpp/CMakeLists.txt
index b10cfda1..7869c482 100644
--- a/bindings/cpp/CMakeLists.txt
+++ b/bindings/cpp/CMakeLists.txt
@@ -123,14 +123,14 @@ if (SVS_RUNTIME_ENABLE_LVQ_LEANVEC)
     else()
         # Links to LTO-enabled static library, requires GCC/G++ 11.2
         if(CMAKE_CXX_COMPILER_ID STREQUAL "GNU" AND CMAKE_CXX_COMPILER_VERSION VERSION_GREATER_EQUAL "11.2" AND CMAKE_CXX_COMPILER_VERSION VERSION_LESS "11.3")
-            set(SVS_URL "https://github.com/intel/ScalableVectorSearch/releases/download/v0.2.0/svs-shared-library-0.2.0-lto-ivf.tar.gz"
+            set(SVS_URL "https://github.com/intel/ScalableVectorSearch/releases/download/v0.3.0/svs-shared-library-0.3.0-lto-ivf.tar.gz"
                 CACHE STRING "URL to download SVS shared library")
         else()
             message(WARNING
                 "Pre-built LVQ/LeanVec SVS library requires GCC/G++ v.11.2 to apply LTO optimizations."
                 "Current compiler: ${CMAKE_CXX_COMPILER_ID} ${CMAKE_CXX_COMPILER_VERSION}"
             )
-            set(SVS_URL "https://github.com/intel/ScalableVectorSearch/releases/download/v0.2.0/svs-shared-library-0.2.0-ivf.tar.gz"
+            set(SVS_URL "https://github.com/intel/ScalableVectorSearch/releases/download/v0.3.0/svs-shared-library-0.3.0-ivf.tar.gz"
                 CACHE STRING "URL to download SVS shared library")
         endif()
         include(FetchContent)
diff --git a/examples/cpp/shared/CMakeLists.txt b/examples/cpp/shared/CMakeLists.txt
index 4c6b93db..cec6b430 100644
--- a/examples/cpp/shared/CMakeLists.txt
+++ b/examples/cpp/shared/CMakeLists.txt
@@ -24,7 +24,7 @@ find_package(svs QUIET)
 if(NOT svs_FOUND)
     # If sourcing from pip/conda, the following steps are not necessary, simplifying workflow
     # If not found, download tarball from GitHub release and follow steps to fetch and find
-    set(SVS_URL "https://github.com/intel/ScalableVectorSearch/releases/download/v0.2.0/svs-shared-library-0.2.0.tar.gz" CACHE STRINGS "URL to download SVS shared library tarball if not found in system")
+    set(SVS_URL "https://github.com/intel/ScalableVectorSearch/releases/download/v0.3.0/svs-shared-library-0.3.0.tar.gz" CACHE STRINGS "URL to download SVS shared library tarball if not found in system")
 
     message(STATUS "SVS not found in system, downloading from: ${SVS_URL}")