diff --git a/helm-dependencies.yaml b/helm-dependencies.yaml
index 38afc34d9..9bea99f6a 100644
--- a/helm-dependencies.yaml
+++ b/helm-dependencies.yaml
@@ -111,7 +111,7 @@ dependencies:
     version: 7.4.8
     repository: https://charts.bitnami.com/bitnami
   - name: velero
-    version: 6.7.0
+    version: 7.1.1
     repository: https://vmware-tanzu.github.io/helm-charts
   - name: victoria-metrics-k8s-stack
     version: 0.24.2