diff --git a/cmake/ExternalDependencies.cmake b/cmake/ExternalDependencies.cmake
index 8ff65e6..ff47e7a 100644
--- a/cmake/ExternalDependencies.cmake
+++ b/cmake/ExternalDependencies.cmake
@@ -19,11 +19,11 @@ endif()
 
 # ---------------------------------------------------------------------------------Fetch MQT Core
 # cmake-format: off
-set(MQT_CORE_MINIMUM_VERSION 3.7.0
+set(MQT_CORE_MINIMUM_VERSION 3.8.0
         CACHE STRING "MQT Core minimum version")
-set(MQT_CORE_VERSION 3.7.0
+set(MQT_CORE_VERSION 3.8.0
         CACHE STRING "MQT Core version")
-set(MQT_CORE_REV "d2bb7ad35d0d03a1e2d40a413841c98482615ca7"
+set(MQT_CORE_REV "ae42c97dc7073b8728a8ab23d06aabe4ee25c7e5"
         CACHE STRING "MQT Core identifier (tag, branch or commit hash)")
 set(MQT_CORE_REPO_OWNER "munich-quantum-toolkit"
         CACHE STRING "MQT Core repository owner (change when using a fork)")