diff --git a/helmfile.d/opentelemetry-collector.yaml.gotmpl b/helmfile.d/opentelemetry-collector.yaml.gotmpl
index a4b79fa5..fb5bb19f 100644
--- a/helmfile.d/opentelemetry-collector.yaml.gotmpl
+++ b/helmfile.d/opentelemetry-collector.yaml.gotmpl
@@ -12,7 +12,7 @@ releases:
 - name: opentelemetry-collector
   namespace: otel
   chart: open-telemetry/opentelemetry-collector
-  version: 0.147.1
+  version: 0.150.1
   condition: otel.enabled
   values:
   - ../values/opentelemetry-collector/values/values.yaml