diff --git a/.gitignore b/.gitignore
index 41bbcf8..6adddae 100644
--- a/.gitignore
+++ b/.gitignore
@@ -192,3 +192,4 @@
 /lorax-34.4.tar.gz
 /lorax-34.5.tar.gz
 /lorax-34.6.tar.gz
+/lorax-34.7.tar.gz
diff --git a/lorax.spec b/lorax.spec
index 9a3cfb3..05bd300 100644
--- a/lorax.spec
+++ b/lorax.spec
@@ -3,7 +3,7 @@
 %define debug_package %{nil}
 
 Name:           lorax
-Version:        34.6
+Version:        34.7
 Release:        1%{?dist}
 Summary:        Tool for creating the anaconda install images
 
@@ -193,6 +193,11 @@ make DESTDIR=$RPM_BUILD_ROOT mandir=%{_mandir} install
 %{_mandir}/man1/composer-cli.1*
 
 %changelog
+* Wed Jan 20 2021 Brian C. Lane <bcl@redhat.com> 34.7-1
+- live/x86.tmpl: Copy livecd-iso-to-disk script, if installed (david.ward@ll.mit.edu)
+- templates: Copy license files from the correct path (david.ward@ll.mit.edu)
+- test: Fix vm.install for non-LVM cloud images (martin@piware.de)
+
 * Wed Dec 16 2020 Brian C. Lane <bcl@redhat.com> 34.6-1
 - Remove LD_PRELOAD libgomp.so.1 from lmc --no-virt (bcl@redhat.com)
 - Add POSTIN scriptlet error to the log monitor list (bcl@redhat.com)
diff --git a/sources b/sources
index fd96346..1cdb089 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-SHA512 (lorax-34.6.tar.gz) = 8585e39feffce2f3d5fcfa27739e113b04168c35d60e11cf00f3114e41e3ef157b22f3e80672082500cdc4e520d70aceb0e37b2c6ec96b3403e5607601e70e31
+SHA512 (lorax-34.7.tar.gz) = b0bad9592937e6eafd326982754e11593177920753b946392d72a17c2a7830787a9955c6b7784c182befc54f0b3a5755f87013ea5bd5132d7071c28b2e5fc781