diff --git a/.pre-commit-config.yaml b/.pre-commit-config.yaml
index 118ace0..d390620 100644
--- a/.pre-commit-config.yaml
+++ b/.pre-commit-config.yaml
@@ -1,6 +1,6 @@
 repos:
 -   repo: https://github.com/pre-commit/pre-commit-hooks
-    rev: v4.2.0
+    rev: v5.0.0
     hooks:
     -   id: check-added-large-files
     -   id: check-case-conflict
@@ -15,7 +15,7 @@ repos:
       #         args: [--branch, main]
     -   id: trailing-whitespace
 -   repo: https://github.com/pre-commit/pygrep-hooks
-    rev: v1.9.0
+    rev: v1.10.0
     hooks:
     -   id: python-check-blanket-noqa
     -   id: python-check-mock-methods
@@ -24,24 +24,24 @@ repos:
     -   id: python-use-type-annotations
     -   id: text-unicode-replacement-char
 -   repo: https://github.com/asottile/pyupgrade
-    rev: v2.32.0
+    rev: v3.19.1
     hooks:
     -   id: pyupgrade
         args: [--py37-plus]
--   repo: https://github.com/asottile/reorder_python_imports
-    rev: v3.0.1
+-   repo: https://github.com/asottile/reorder-python-imports
+    rev: v3.14.0
     hooks:
     -   id: reorder-python-imports
 -   repo: https://github.com/asottile/setup-cfg-fmt
-    rev: v1.20.0
+    rev: v2.8.0
     hooks:
     -   id: setup-cfg-fmt
 -   repo: https://github.com/psf/black
-    rev: 22.3.0
+    rev: 25.1.0
     hooks:
     -   id: black
 -   repo: https://github.com/PyCQA/flake8
-    rev: 4.0.1
+    rev: 7.2.0
     hooks:
     -   id: flake8
         additional_dependencies: [
@@ -61,7 +61,7 @@ repos:
             Pygments,
         ]
 -   repo: https://github.com/guilatrova/tryceratops
-    rev: v1.0.1
+    rev: v2.4.1
     hooks:
     -   id: tryceratops
       # -   repo: https://github.com/econchick/interrogate
@@ -70,12 +70,12 @@ repos:
       #     -   id: interrogate
       #         args: [-v, --fail-under=40]
 -   repo: https://github.com/codespell-project/codespell
-    rev: v2.1.0
+    rev: v2.4.1
     hooks:
     -   id: codespell
         args: [--skip, "*.(html|ipynb)"]
 -   repo: https://github.com/executablebooks/mdformat
-    rev: 0.7.14
+    rev: 0.7.22
     hooks:
     -   id: mdformat
         additional_dependencies: [
@@ -85,7 +85,7 @@ repos:
         args: [--wrap, "88"]
         files: (README.md)
 -   repo: https://github.com/executablebooks/mdformat
-    rev: 0.7.14
+    rev: 0.7.22
     hooks:
     -   id: mdformat
         additional_dependencies: [
diff --git a/setup.cfg b/setup.cfg
index 179c7ee..a61fff3 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -4,24 +4,19 @@ long_description = file: README.md
 long_description_content_type = text/markdown
 url = hhttps://github.com/opensourceeconomics/scipy-2022-dev
 license = MIT
-license_file = LICENSE
+license_files = LICENSE
 platforms = unix, linux, osx, cygwin, win32
 classifiers =
     Intended Audience :: Science/Research
-    License :: OSI Approved :: MIT License
     Operating System :: MacOS :: MacOS X
     Operating System :: Microsoft :: Windows
     Operating System :: POSIX
     Programming Language :: Python :: 3
     Programming Language :: Python :: 3 :: Only
-    Programming Language :: Python :: 3.7
-    Programming Language :: Python :: 3.8
-    Programming Language :: Python :: 3.9
-    Programming Language :: Python :: 3.10
 
 [options]
 packages = find:
-python_requires = >=3.7
+python_requires = >=3.9
 include_package_data = True
 package_dir =
     =src
diff --git a/src/scipy_dev/__init__.py b/src/scipy_dev/__init__.py
index 73c5b3d..927a467 100644
--- a/src/scipy_dev/__init__.py
+++ b/src/scipy_dev/__init__.py
@@ -1,4 +1,5 @@
 """This module contains the main namespace of fte."""
+
 # Import the version from _version.py which is dynamically created by setuptools-scm
 # when the project is installed with ``pip install -e .``. Do not put it into version
 # control!
diff --git a/src/scipy_dev/config.py b/src/scipy_dev/config.py
index c06753f..ba879d3 100644
--- a/src/scipy_dev/config.py
+++ b/src/scipy_dev/config.py
@@ -1,4 +1,5 @@
 """This module contains the general configuration of the project."""
+
 from pathlib import Path
 
 
diff --git a/src/scipy_dev/presentation/main.md b/src/scipy_dev/presentation/main.md
index 6a1c9fd..a0d03fa 100644
--- a/src/scipy_dev/presentation/main.md
+++ b/src/scipy_dev/presentation/main.md
@@ -102,7 +102,7 @@ University of Bonn
 ### Preview of practice session
 
 - Translate a criterion function from math to code
-  
+
 - Use `scipy.optimize` to minimize the criterion function
 
 ---
@@ -920,7 +920,7 @@ em.convergence_plot(
 
 <!-- _class: lead -->
 # Bounds and Constraints
---- 
+---
 
 ### Preview of practice session
 
@@ -1621,7 +1621,7 @@ section.split {
 <!-- _class: lead -->
 # JAX and JAXopt
 
---- 
+---
 ### Preview of practice session(s)
 
 - Solve an optimization problem using JAX gradients
diff --git a/src/scipy_dev/source_repo/test_installation.py b/src/scipy_dev/source_repo/test_installation.py
index 5734c8e..36f09b2 100644
--- a/src/scipy_dev/source_repo/test_installation.py
+++ b/src/scipy_dev/source_repo/test_installation.py
@@ -1,4 +1,5 @@
 """Test that the environment is correctly installed."""
+
 from distutils.spawn import find_executable