diff --git a/ports/openvr/CONTROL b/ports/openvr/CONTROL
index fe619c8af158c3..b0f337d0a9d6b5 100644
--- a/ports/openvr/CONTROL
+++ b/ports/openvr/CONTROL
@@ -1,3 +1,3 @@
 Source: openvr
-Version: 1.0.15
+Version: 1.0.16
 Description: an API and runtime that allows access to VR hardware from multiple vendors without requiring that applications have specific knowledge of the hardware they are targeting.
diff --git a/ports/openvr/portfile.cmake b/ports/openvr/portfile.cmake
index 02fa29e5861b19..5e4211907d418b 100644
--- a/ports/openvr/portfile.cmake
+++ b/ports/openvr/portfile.cmake
@@ -3,8 +3,8 @@ include(vcpkg_common_functions)
 vcpkg_from_github(
     OUT_SOURCE_PATH SOURCE_PATH
     REPO ValveSoftware/openvr
-    REF v1.0.15
-    SHA512 22ad52a659e1d2e4b52832400ac5c6766d1657cb81dfb9868bdc253120c661d41eeea68991eac44af9179d2bf6a346f038f1c444278a98b55b6b738af90ba1b5
+    REF v1.0.16
+    SHA512 967356563ba4232da5361510c7519d3058e09eced4571aadc00d8a75ab1f299a0aebda2b0b10b0ffb6c6a443fd718634d0c0103964e289961449c93e8d7b9d02
     HEAD_REF master
 )