diff --git a/.github/patches/versions b/.github/patches/versions
index 36dfee165f..9819f9240d 100644
--- a/.github/patches/versions
+++ b/.github/patches/versions
@@ -1,2 +1,2 @@
-OTEL_JAVA_INSTRUMENTATION_VERSION=v2.20.1
-OTEL_JAVA_CONTRIB_VERSION=v1.48.0
\ No newline at end of file
+OTEL_JAVA_INSTRUMENTATION_VERSION=v2.23.0
+OTEL_JAVA_CONTRIB_VERSION=v1.52.0
\ No newline at end of file
diff --git a/dependencyManagement/build.gradle.kts b/dependencyManagement/build.gradle.kts
index 6ca4ff5591..8d52ab9e09 100644
--- a/dependencyManagement/build.gradle.kts
+++ b/dependencyManagement/build.gradle.kts
@@ -27,8 +27,8 @@ data class DependencySet(val group: String, val version: String, val modules: Li
 val testSnapshots = rootProject.findProperty("testUpstreamSnapshots") == "true"
 
 // This is the version of the upstream instrumentation BOM
-val otelVersion = "2.20.1-adot1"
-val otelSnapshotVersion = "2.21.0"
+val otelVersion = "2.23.0-adot1"
+val otelSnapshotVersion = "2.24.0"
 val otelAlphaVersion = if (!testSnapshots) "$otelVersion-alpha" else "$otelSnapshotVersion-alpha-SNAPSHOT"
 val otelJavaAgentVersion = if (!testSnapshots) otelVersion else "$otelSnapshotVersion-SNAPSHOT"
 // All versions below are only used in testing and do not affect the released artifact.
@@ -77,8 +77,8 @@ val dependencyLists = listOf(
   "commons-logging:commons-logging:1.2",
   "com.sparkjava:spark-core:2.9.4",
   "com.squareup.okhttp3:okhttp:4.12.0",
-  "io.opentelemetry.contrib:opentelemetry-aws-xray:1.48.0-adot1",
-  "io.opentelemetry.contrib:opentelemetry-aws-resources:1.48.0-alpha",
+  "io.opentelemetry.contrib:opentelemetry-aws-xray:1.52.0-adot1",
+  "io.opentelemetry.contrib:opentelemetry-aws-resources:1.52.0-alpha",
   "io.opentelemetry.proto:opentelemetry-proto:1.0.0-alpha",
   "io.opentelemetry.javaagent:opentelemetry-javaagent:$otelJavaAgentVersion",
   "io.opentelemetry:opentelemetry-extension-aws:1.20.1",