diff --git a/package/timescaledb/timescaledb.hash b/package/timescaledb/timescaledb.hash
index c7116028e77d..c6a03e6aa0ed 100644
--- a/package/timescaledb/timescaledb.hash
+++ b/package/timescaledb/timescaledb.hash
@@ -1,3 +1,3 @@
 # Locally calculated
-sha256  c1d27da11d0db3b947ed0cbf63d230427a532fd808600dea9ec3afc4ab5d730b  timescaledb-2.16.1.tar.gz
+sha256  155bf64391d3558c42f31ca0e523cfc6252921974f75298c9039ccad1c89811a  timescaledb-2.17.0.tar.gz
 sha256  0378e0948feefd85f579319c74d6e2b671194037f550c7176ef26649d94c895b  LICENSE
diff --git a/package/timescaledb/timescaledb.mk b/package/timescaledb/timescaledb.mk
index 37c7258a5636..9b785e763bcc 100644
--- a/package/timescaledb/timescaledb.mk
+++ b/package/timescaledb/timescaledb.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-TIMESCALEDB_VERSION = 2.16.1
+TIMESCALEDB_VERSION = 2.17.0
 TIMESCALEDB_SITE = $(call github,timescale,timescaledb,$(TIMESCALEDB_VERSION))
 TIMESCALEDB_LICENSE = Apache-2.0
 TIMESCALEDB_LICENSE_FILES = LICENSE