diff --git a/.github/workflows/nightly-release-0.5.yaml b/.github/workflows/nightly-release-0.5.yaml
new file mode 100644
index 0000000..54bee6d
--- /dev/null
+++ b/.github/workflows/nightly-release-0.5.yaml
@@ -0,0 +1,36 @@
+name: Run Konveyor release-0.5 nightly tests
+
+on:
+  schedule:
+    - cron: "35 3 * * *"
+  workflow_dispatch:
+
+jobs:
+  release-0_5-nightly:
+    uses: ./.github/workflows/global-ci.yml
+    with:
+      tag: release-0.5
+      operator_tag: v0.5.0
+      api_tests_ref: release-0.5
+      run_api_tests: true
+      # TODO: this needs to be pinned to a release-0.5 specific branch
+      ui_tests_ref: main
+      # Disabled while we wait for stability
+      run_ui_tests: false
+  report_failure:
+    needs: release-0_5-nightly
+    if: ${{ always() && contains(needs.*.result, 'failure') }}
+    runs-on: ubuntu-latest
+    steps:
+      - name: Send failure data to Slack workflow
+        id: slack
+        uses: slackapi/slack-github-action@v1.26.0
+        with:
+          payload: |
+            {
+              "test": "E2E API",
+              "branch": "release-0.5",
+              "note": "Failed run: ${{ github.server_url }}/${{ github.repository }}/actions/runs/${{ github.run_id }}"
+            }
+        env:
+          SLACK_WEBHOOK_URL: ${{ secrets.SLACK_WEBHOOK_URL }}
diff --git a/README.md b/README.md
index a2a1f3b..aa79d24 100644
--- a/README.md
+++ b/README.md
@@ -15,9 +15,9 @@ Component | CI (after merge) | Nightly (cron)
 Branch | Status
 --|--
 **main** | [![Run Konveyor main nightly tests](https://github.com/konveyor/ci/actions/workflows/nightly-main.yaml/badge.svg?branch=main)](https://github.com/konveyor/ci/actions/workflows/nightly-main.yaml)
+**release-0.5** | [![Run Konveyor release-0.5 nightly tests](https://github.com/konveyor/ci/actions/workflows/nightly-release-0.5.yaml/badge.svg?branch=main)](https://github.com/konveyor/ci/actions/workflows/nightly-release-0.5.yaml)
 **release-0.4** | [![Run Konveyor release-0.4 nightly tests](https://github.com/konveyor/ci/actions/workflows/nightly-release-0.4.yaml/badge.svg?branch=main)](https://github.com/konveyor/ci/actions/workflows/nightly-release-0.4.yaml)
 **release-0.3** | [![Run Konveyor release-0.3 nightly tests](https://github.com/konveyor/ci/actions/workflows/nightly-release-0.3.yaml/badge.svg?branch=main)](https://github.com/konveyor/ci/actions/workflows/nightly-release-0.3.yaml)
-**release-0.2** | [![Run Konveyor release-0.2 nightly tests](https://github.com/konveyor/ci/actions/workflows/nightly-release-0.2.yaml/badge.svg?branch=main)](https://github.com/konveyor/ci/actions/workflows/nightly-release-0.2.yaml)