diff --git a/dependencyManagement/build.gradle.kts b/dependencyManagement/build.gradle.kts
index 456be9b7..b0fec61f 100644
--- a/dependencyManagement/build.gradle.kts
+++ b/dependencyManagement/build.gradle.kts
@@ -2,8 +2,8 @@ plugins {
   `java-platform`
 }
 
-val otelAgentVersion = "2.11.0"
-val otelSdkVersion = "1.45.0"
+val otelAgentVersion = "2.12.0"
+val otelSdkVersion = "1.46.0"
 
 val mockitoVersion = "4.11.0"
 val byteBuddyVersion = "1.15.10"