diff --git a/android-plugin/metadata/notice.properties b/android-plugin/metadata/notice.properties
index 07638a08c..a2d09fb2d 100644
--- a/android-plugin/metadata/notice.properties
+++ b/android-plugin/metadata/notice.properties
@@ -1 +1 @@
-dependencies.hash=6AB0841BC9D2A49600D8C01CB49722DD
\ No newline at end of file
+dependencies.hash=DE88CF9A9513ADACB700200CCAF64110
\ No newline at end of file
diff --git a/android-sdk-ktx/metadata/notice.properties b/android-sdk-ktx/metadata/notice.properties
index 90d00e98e..c8ce548e5 100644
--- a/android-sdk-ktx/metadata/notice.properties
+++ b/android-sdk-ktx/metadata/notice.properties
@@ -1 +1 @@
-dependencies.hash=4335DC6BB998D19BBBD590A9B2803A50
\ No newline at end of file
+dependencies.hash=3E9E21CD8D354DEE5A74726273DC2F2D
\ No newline at end of file
diff --git a/android-sdk/metadata/notice.properties b/android-sdk/metadata/notice.properties
index a91dc023e..967662cd4 100644
--- a/android-sdk/metadata/notice.properties
+++ b/android-sdk/metadata/notice.properties
@@ -1 +1 @@
-dependencies.hash=A0177AAB7C169836786E530C6453B8A1
\ No newline at end of file
+dependencies.hash=116B097450368CFACC99BF27198E0C94
\ No newline at end of file
diff --git a/android-sdk/src/main/java/co/elastic/apm/android/sdk/internal/opentelemetry/tools/ElasticClock.java b/android-sdk/src/main/java/co/elastic/apm/android/sdk/internal/opentelemetry/tools/ElasticClock.java
index f046b845f..491e2a476 100644
--- a/android-sdk/src/main/java/co/elastic/apm/android/sdk/internal/opentelemetry/tools/ElasticClock.java
+++ b/android-sdk/src/main/java/co/elastic/apm/android/sdk/internal/opentelemetry/tools/ElasticClock.java
@@ -45,7 +45,12 @@ public ElasticClock(TrueTimeWrapper trueTimeWrapper) {
     public long now() {
         if (trueTimeWrapper.isInitialized()) {
             Elog.getLogger().debug("Returning true time");
-            return TimeUnit.MILLISECONDS.toNanos(trueTimeWrapper.now().getTime());
+            try {
+                return TimeUnit.MILLISECONDS.toNanos(trueTimeWrapper.now().getTime());
+            } catch (Throwable t) {
+                trueTimeWrapper.clearCachedInfo();
+                Elog.getLogger().error("Could not get true time", t);
+            }
         }
         Elog.getLogger().debug("Returning system time");
         return TimeUnit.MILLISECONDS.toNanos(systemTimeProvider.getCurrentTimeMillis());
diff --git a/android-sdk/src/test/java/co/elastic/apm/android/sdk/internal/otel/ElasticClockTest.java b/android-sdk/src/test/java/co/elastic/apm/android/sdk/internal/otel/ElasticClockTest.java
index 53f759e52..14eccfb4a 100644
--- a/android-sdk/src/test/java/co/elastic/apm/android/sdk/internal/otel/ElasticClockTest.java
+++ b/android-sdk/src/test/java/co/elastic/apm/android/sdk/internal/otel/ElasticClockTest.java
@@ -20,6 +20,7 @@
 
 import static org.junit.Assert.assertEquals;
 import static org.mockito.Mockito.doReturn;
+import static org.mockito.Mockito.doThrow;
 import static org.mockito.Mockito.verify;
 
 import org.junit.Before;
@@ -31,9 +32,9 @@
 import java.util.Date;
 import java.util.concurrent.TimeUnit;
 
+import co.elastic.apm.android.sdk.internal.opentelemetry.tools.ElasticClock;
 import co.elastic.apm.android.sdk.internal.time.SystemTimeProvider;
 import co.elastic.apm.android.sdk.internal.time.ntp.TrueTimeWrapper;
-import co.elastic.apm.android.sdk.internal.opentelemetry.tools.ElasticClock;
 import co.elastic.apm.android.sdk.testutils.BaseTest;
 
 @RunWith(MockitoJUnitRunner.class)
@@ -61,7 +62,7 @@ public void whenProvidingNanoTime_returnSystemNanoTime() {
     }
 
     @Test
-    public void whenProvidingNow_withNoTrueTimeAvailable_returnSystemCurrentTimeInNanos() {
+    public void whenProvidingNow_withTrueTimeNotInitialized_returnSystemCurrentTimeInNanos() {
         long systemTimeMillis = 12345;
         long systemTimeNanos = TimeUnit.MILLISECONDS.toNanos(systemTimeMillis);
         doReturn(systemTimeMillis).when(systemTimeProvider).getCurrentTimeMillis();
@@ -70,6 +71,17 @@ public void whenProvidingNow_withNoTrueTimeAvailable_returnSystemCurrentTimeInNa
         assertEquals(systemTimeNanos, elasticClock.now());
     }
 
+    @Test
+    public void whenProvidingNow_withNoTrueTimeAvailable_returnSystemCurrentTimeInNanos() {
+        long systemTimeMillis = 12345;
+        long systemTimeNanos = TimeUnit.MILLISECONDS.toNanos(systemTimeMillis);
+        doReturn(systemTimeMillis).when(systemTimeProvider).getCurrentTimeMillis();
+        doReturn(true).when(trueTimeWrapper).isInitialized();
+        doThrow(IllegalStateException.class).when(trueTimeWrapper).now();
+
+        assertEquals(systemTimeNanos, elasticClock.now());
+    }
+
     @Test
     public void whenProvidingNow_withTrueTimeAvailable_returnTrueTimeInNanos() {
         long trueTimeMillis = 12345;
diff --git a/gradle/libs.versions.toml b/gradle/libs.versions.toml
index 53c4bb32a..9a40898e0 100644
--- a/gradle/libs.versions.toml
+++ b/gradle/libs.versions.toml
@@ -1,13 +1,13 @@
 [versions]
 opentelemetry-android = "0.5.0-alpha"
-opentelemetry = "1.37.0"
-opentelemetry-alpha = "1.37.0-alpha"
-opentelemetry-semconv = "1.25.0-alpha"
-opentelemetry-contrib = "1.35.0-alpha"
+opentelemetry = "1.40.0"
+opentelemetry-alpha = "1.40.0-alpha"
+opentelemetry-semconv = "1.26.0-alpha"
+opentelemetry-contrib = "1.37.0-alpha"
 mockito = "4.11.0"
-byteBuddy = "1.14.17"
+byteBuddy = "1.14.18"
 okhttp = "4.12.0"
-kotlin = "1.9.22"
+kotlin = "1.9.23"
 google-autoService = "1.1.1"
 
 [libraries]
diff --git a/manual_licenses_map.txt b/manual_licenses_map.txt
index bc06d6e86..d113e42a3 100644
--- a/manual_licenses_map.txt
+++ b/manual_licenses_map.txt
@@ -1,5 +1,5 @@
-net.bytebuddy:byte-buddy:1.14.17|apache_v2
-net.bytebuddy:byte-buddy-gradle-plugin:1.14.17|apache_v2
+net.bytebuddy:byte-buddy:1.14.18|apache_v2
+net.bytebuddy:byte-buddy-gradle-plugin:1.14.18|apache_v2
 org.slf4j:slf4j-api:2.0.0|mit
 com.squareup.okhttp3:okhttp:3.11.0|apache_v2
 com.github.instacart.truetime-android:library:3.5|apache_v2
\ No newline at end of file