diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9f8b106f..0d24b712 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,43 @@
 
 ### Changed
 - Focus editor when new file is opened.
+- Updated firmware to v3.2.0b3:
+
+  #### Added
+  - Added `positive_direction` to `DriveBase` initializer ([support#989]).
+  - Added support for setting drivebase acceleration and deceleration separately ([support#881]).
+
+  #### Fixed
+  - Fixed allocator interfering with motor control when memory usage is high ([support#977]).
+  - Fixed `Stop.NONE` not working properly for some drivebase geometries ([support#972]).
+  - Fixed reading programs larger than 65535 bytes on boot on SPIKE hubs. ([[support#996]).
+  - Various Bluetooth stability and reliability improvements on BOOST Move hub
+    ([support#320], [support#324], [support#417]).
+  - Fixed Bluetooth random address not changing on City and Technic hubs ([support#1011]).
+
+  #### Changed
+  - Motor settings and control methods now check the user input and raise a
+    `ValueError` if a value is out of bounds ([support#484]).
+  - Renamed `precision_profile` to `profile` in the `Motor` initializer.
+  - In `DriveBase`, `wheel_diameter` and `axle_track` now accept decimal values
+    for increased precision ([support#830]).
+
+  #### Removed
+  - Removed `DriveBase.left` and `DriveBase.right` properties ([support#910]).
+
+  [support#320]: https://github.com/pybricks/support/issues/320
+  [support#324]: https://github.com/pybricks/support/issues/324
+  [support#417]: https://github.com/pybricks/support/issues/417
+  [support#484]: https://github.com/pybricks/support/issues/484
+  [support#830]: https://github.com/pybricks/support/issues/830
+  [support#881]: https://github.com/pybricks/support/issues/881
+  [support#910]: https://github.com/pybricks/support/issues/910
+  [support#972]: https://github.com/pybricks/support/issues/972
+  [support#977]: https://github.com/pybricks/support/issues/977
+  [support#989]: https://github.com/pybricks/support/issues/989
+  [support#996]: https://github.com/pybricks/support/issues/996
+  [support#1011]: https://github.com/pybricks/support/issues/1011
+
 
 ## [2.2.0-beta.1] - 2023-03-08
 
diff --git a/package.json b/package.json
index 3b130076..b26091a8 100644
--- a/package.json
+++ b/package.json
@@ -13,7 +13,7 @@
         "@blueprintjs/popover2": "^1.13.12",
         "@blueprintjs/select": "^4.9.12",
         "@pmmmwh/react-refresh-webpack-plugin": "^0.5.10",
-        "@pybricks/firmware": "7.1.1",
+        "@pybricks/firmware": "7.2.0",
         "@pybricks/ide-docs": "2.7.0",
         "@pybricks/images": "^1.3.0",
         "@pybricks/jedi": "1.7.0",
diff --git a/yarn.lock b/yarn.lock
index 68fef9e4..2111bf89 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -2902,12 +2902,12 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@pybricks/firmware@npm:7.1.1":
-  version: 7.1.1
-  resolution: "@pybricks/firmware@npm:7.1.1"
+"@pybricks/firmware@npm:7.2.0":
+  version: 7.2.0
+  resolution: "@pybricks/firmware@npm:7.2.0"
   dependencies:
     jszip: ^3.7.1
-  checksum: 1d6044457f7b0e6a9df4292727e88808db20462c96425a73636842214befb2019c38f9f3a579c4332e1f7037de3900b2c5a2a1c1e432275c70087a3033025aa8
+  checksum: 83292fde2cbd9b17d768a139cb6da4ec95e845e4e3839ab60f2f77e31b243f565909e27d501fab293193bd395ac229005e21591f50c0fc1df425bd07806c114e
   languageName: node
   linkType: hard
 
@@ -2955,7 +2955,7 @@ __metadata:
     "@blueprintjs/popover2": ^1.13.12
     "@blueprintjs/select": ^4.9.12
     "@pmmmwh/react-refresh-webpack-plugin": ^0.5.10
-    "@pybricks/firmware": 7.1.1
+    "@pybricks/firmware": 7.2.0
     "@pybricks/ide-docs": 2.7.0
     "@pybricks/images": ^1.3.0
     "@pybricks/jedi": 1.7.0