diff --git a/docker-compose.yml b/docker-compose.yml
index 128b62c..83a02eb 100644
--- a/docker-compose.yml
+++ b/docker-compose.yml
@@ -46,7 +46,7 @@ services:
   #      |___/
 
   lighthouse:
-    image: sigp/lighthouse:${LIGHTHOUSE_VERSION:-v7.0.0}
+    image: sigp/lighthouse:${LIGHTHOUSE_VERSION:-v7.0.1}
     ports:
       - ${LIGHTHOUSE_PORT_P2P:-9000}:9000/tcp # P2P TCP
       - ${LIGHTHOUSE_PORT_P2P:-9000}:9000/udp # P2P UDP
@@ -83,7 +83,7 @@ services:
   #  \___|_| |_|\__,_|_|  \___/|_| |_|
 
   charon:
-    image: obolnetwork/charon:${CHARON_VERSION:-v1.3.0}
+    image: obolnetwork/charon:${CHARON_VERSION:-v1.4.0}
     environment:
       - CHARON_BEACON_NODE_ENDPOINTS=${CHARON_BEACON_NODE_ENDPOINTS:-http://lighthouse:5052}
       - CHARON_BEACON_NODE_HEADERS=${CHARON_BEACON_NODE_HEADERS:-}
diff --git a/relay/docker-compose.yml b/relay/docker-compose.yml
index 7e4ec3b..5102ea1 100644
--- a/relay/docker-compose.yml
+++ b/relay/docker-compose.yml
@@ -8,7 +8,7 @@ services:
 #
   relay:
     # Pegged charon version (update this for each release).
-    image: obolnetwork/charon:${CHARON_VERSION:-v1.0.0}
+    image: obolnetwork/charon:${CHARON_VERSION:-v1.4.0}
     environment:
       CHARON_P2P_TCP_ADDRESS: 0.0.0.0:3610
       CHARON_HTTP_ADDRESS: 0.0.0.0:3640