diff --git a/system/velero/4.7.4/Chart.yaml b/system/velero/4.7.4/Chart.yaml
index 67aed199ad..4d08daad74 100644
--- a/system/velero/4.7.4/Chart.yaml
+++ b/system/velero/4.7.4/Chart.yaml
@@ -16,7 +16,7 @@ dependencies:
     tags: []
     import-values: []
   - name: velero
-    version: 5.4.1
+    version: 8.5.0
     repository: oci://ghcr.io/vmware-tanzu/charts
     condition: ""
     alias: velero
diff --git a/system/velero/4.7.5/Chart.yaml b/system/velero/4.7.5/Chart.yaml
index 7a2b26b7b6..17d71f7575 100644
--- a/system/velero/4.7.5/Chart.yaml
+++ b/system/velero/4.7.5/Chart.yaml
@@ -16,7 +16,7 @@ dependencies:
     tags: []
     import-values: []
   - name: velero
-    version: 5.4.1
+    version: 8.5.0
     repository: oci://ghcr.io/vmware-tanzu/charts
     condition: ""
     alias: velero