Intel FPGA Quartus Prime Standard 18.1 Update 1 problem

We have University license for Intel FPGA Quartus Prime Standard and ModelSIM Altera version. When we just create a simple project and associate it with a Cyclone V device and start a compilation it completes fine in 18.1. If I upgrade 18.1 to Update 1 and do the same I get the following error in the Fitter section:

Error (119013): Current license file does not support the 5CGXFC5C6F27C7 device. Go to the Self-Service Licensing Center on the Intel FPGA website to manage your licenses (https://mysupport.altera.com/AlteraLicensing/license/index.html).

If I then uninstall Update 1, the compilation works again.