diff --git a/.rubocop.yml b/.rubocop.yml
index 7ece613..2047516 100644
--- a/.rubocop.yml
+++ b/.rubocop.yml
@@ -4,7 +4,7 @@ require:
   - rubocop-sorbet
 AllCops:
   NewCops: enable
-  TargetRubyVersion: 2.7
+  TargetRubyVersion: 3.0
   DisplayCopNames: true
   Exclude:
     - "**/node_modules/**/*"
diff --git a/Gemfile.lock b/Gemfile.lock
index 93c49cc..283571b 100644
--- a/Gemfile.lock
+++ b/Gemfile.lock
@@ -1,7 +1,7 @@
 PATH
   remote: .
   specs:
-    generate_third_party (1.7.0)
+    generate_third_party (1.8.0)
       sorbet-runtime (~> 0.5)
 
 GEM
diff --git a/README.md b/README.md
index 95415e6..1980325 100644
--- a/README.md
+++ b/README.md
@@ -30,7 +30,7 @@ This repository is available as a GitHub Action:
 ```yaml
 - name: Generate THIRDPARTY license listing
   id: generate_third_party
-  uses: artichoke/generate_third_party@v1.7.0
+  uses: artichoke/generate_third_party@v1.8.0
   with:
     artichoke_ref: trunk
     target_triple: x86_64-unknown-linux-gnu
diff --git a/action.yaml b/action.yaml
index 931838b..c6471cb 100644
--- a/action.yaml
+++ b/action.yaml
@@ -39,9 +39,9 @@ runs:
       run: |
         gem build generate_third_party.gemspec
         if [[ "${{ runner.os }}" == "Linux" ]]; then
-          sudo gem install generate_third_party-1.7.0.gem
+          sudo gem install generate_third_party-1.8.0.gem
         else
-          gem install generate_third_party-1.7.0.gem
+          gem install generate_third_party-1.8.0.gem
         fi
       working-directory: ${{ github.action_path }}
 
diff --git a/generate_third_party.gemspec b/generate_third_party.gemspec
index ff1c451..72032d3 100644
--- a/generate_third_party.gemspec
+++ b/generate_third_party.gemspec
@@ -2,8 +2,8 @@
 
 Gem::Specification.new do |s|
   s.name                  = 'generate_third_party'
-  s.version               = '1.7.0'
-  s.required_ruby_version = '>= 2.7.0'
+  s.version               = '1.8.0'
+  s.required_ruby_version = '>= 3.0.0'
   s.summary               = "Generate Artichoke's third party dependencies"
   s.description           = 'Generate lists of third party dependencies and their licenses'
   s.authors               = ['Ryan Lopopolo']