diff --git a/charts/incubator/velero/Chart.yaml b/charts/incubator/velero/Chart.yaml
index 3a53114aefd..63483c72a64 100644
--- a/charts/incubator/velero/Chart.yaml
+++ b/charts/incubator/velero/Chart.yaml
@@ -10,7 +10,7 @@ keywords:
 dependencies:
   - name: common
     repository: https://library-charts.truecharts.org
-    version: 14.3.5
+    version: 15.3.1
   - name: velero
     repository: https://vmware-tanzu.github.io/helm-charts
     version: 5.1.4
@@ -26,7 +26,7 @@ sources:
   - https://github.com/cert-manager
   - https://cert-manager.io/
 type: application
-version: 0.0.3
+version: 0.0.4
 annotations:
   truecharts.org/category: operators
   truecharts.org/SCALE-support: "true"