diff --git a/gitops/argocd/charts/kube-system/karpenter/Chart.yaml b/gitops/argocd/charts/kube-system/karpenter/Chart.yaml
index 6f8e4c2c77..a290376e87 100644
--- a/gitops/argocd/charts/kube-system/karpenter/Chart.yaml
+++ b/gitops/argocd/charts/kube-system/karpenter/Chart.yaml
@@ -10,4 +10,4 @@ appVersion: 1.0.0
 dependencies:
 - name: karpenter
   repository: oci://public.ecr.aws/karpenter
-  version: 1.3.0
+  version: 1.3.1