diff --git a/charts/opentelemetry-operator/Chart.yaml b/charts/opentelemetry-operator/Chart.yaml
index a675af616..71890c55c 100644
--- a/charts/opentelemetry-operator/Chart.yaml
+++ b/charts/opentelemetry-operator/Chart.yaml
@@ -1,6 +1,6 @@
 apiVersion: v2
 name: opentelemetry-operator
-version: 0.78.2
+version: 0.79.0
 description: OpenTelemetry Operator Helm chart for Kubernetes
 type: application
 home: https://opentelemetry.io/
@@ -12,4 +12,4 @@ maintainers:
   - name: jaronoff97
   - name: TylerHelmuth
 icon: https://raw.githubusercontent.com/cncf/artwork/a718fa97fffec1b9fd14147682e9e3ac0c8817cb/projects/opentelemetry/icon/color/opentelemetry-icon-color.png
-appVersion: 0.116.0
+appVersion: 0.117.0
diff --git a/charts/opentelemetry-operator/conf/crds/crd-opentelemetry.io_opampbridges.yaml b/charts/opentelemetry-operator/conf/crds/crd-opentelemetry.io_opampbridges.yaml
index 10dd031b5..b39cb42fc 100644
--- a/charts/opentelemetry-operator/conf/crds/crd-opentelemetry.io_opampbridges.yaml
+++ b/charts/opentelemetry-operator/conf/crds/crd-opentelemetry.io_opampbridges.yaml
@@ -4,7 +4,7 @@ kind: CustomResourceDefinition
 metadata:
   annotations:
     cert-manager.io/inject-ca-from: {{ include "opentelemetry-operator.webhookCertAnnotation" . }}
-    controller-gen.kubebuilder.io/version: v0.16.5
+    controller-gen.kubebuilder.io/version: v0.17.1
   creationTimestamp: null
   labels:
     app.kubernetes.io/name: opentelemetry-operator
diff --git a/charts/opentelemetry-operator/conf/crds/crd-opentelemetrycollector.yaml b/charts/opentelemetry-operator/conf/crds/crd-opentelemetrycollector.yaml
index b438d5163..7f3e150d9 100644
--- a/charts/opentelemetry-operator/conf/crds/crd-opentelemetrycollector.yaml
+++ b/charts/opentelemetry-operator/conf/crds/crd-opentelemetrycollector.yaml
@@ -4,7 +4,7 @@ kind: CustomResourceDefinition
 metadata:
   annotations:
     cert-manager.io/inject-ca-from: {{ include "opentelemetry-operator.webhookCertAnnotation" . }}
-    controller-gen.kubebuilder.io/version: v0.16.5
+    controller-gen.kubebuilder.io/version: v0.17.1
   creationTimestamp: null
   labels:
     app.kubernetes.io/name: opentelemetry-operator
diff --git a/charts/opentelemetry-operator/conf/crds/crd-opentelemetryinstrumentation.yaml b/charts/opentelemetry-operator/conf/crds/crd-opentelemetryinstrumentation.yaml
index bddae333c..56007deac 100644
--- a/charts/opentelemetry-operator/conf/crds/crd-opentelemetryinstrumentation.yaml
+++ b/charts/opentelemetry-operator/conf/crds/crd-opentelemetryinstrumentation.yaml
@@ -3,7 +3,7 @@ apiVersion: apiextensions.k8s.io/v1
 kind: CustomResourceDefinition
 metadata:
   annotations:
-    controller-gen.kubebuilder.io/version: v0.16.5
+    controller-gen.kubebuilder.io/version: v0.17.1
   creationTimestamp: null
   labels:
     app.kubernetes.io/name: opentelemetry-operator
diff --git a/charts/opentelemetry-operator/examples/default/rendered/admission-webhooks/operator-webhook-with-cert-manager.yaml b/charts/opentelemetry-operator/examples/default/rendered/admission-webhooks/operator-webhook-with-cert-manager.yaml
index 87fb8f6a7..c357eff94 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/admission-webhooks/operator-webhook-with-cert-manager.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/admission-webhooks/operator-webhook-with-cert-manager.yaml
@@ -6,9 +6,9 @@ metadata:
   annotations:
     cert-manager.io/inject-ca-from: default/example-opentelemetry-operator-serving-cert
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: webhook
@@ -90,9 +90,9 @@ metadata:
   annotations:
     cert-manager.io/inject-ca-from: default/example-opentelemetry-operator-serving-cert
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: webhook
diff --git a/charts/opentelemetry-operator/examples/default/rendered/certmanager.yaml b/charts/opentelemetry-operator/examples/default/rendered/certmanager.yaml
index de70d3d47..3ddfe3a5c 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/certmanager.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/certmanager.yaml
@@ -4,9 +4,9 @@ apiVersion: cert-manager.io/v1
 kind: Certificate
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: webhook
@@ -29,9 +29,9 @@ apiVersion: cert-manager.io/v1
 kind: Issuer
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: webhook
diff --git a/charts/opentelemetry-operator/examples/default/rendered/clusterrole.yaml b/charts/opentelemetry-operator/examples/default/rendered/clusterrole.yaml
index 330815fa8..5208cdbf1 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/clusterrole.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/clusterrole.yaml
@@ -4,9 +4,9 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: ClusterRole
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
@@ -222,9 +222,9 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: ClusterRole
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
@@ -240,9 +240,9 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: ClusterRole
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/examples/default/rendered/clusterrolebinding.yaml b/charts/opentelemetry-operator/examples/default/rendered/clusterrolebinding.yaml
index ceb1d1f73..223a798df 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/clusterrolebinding.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/clusterrolebinding.yaml
@@ -4,9 +4,9 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: ClusterRoleBinding
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
@@ -25,9 +25,9 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: ClusterRoleBinding
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/examples/default/rendered/deployment.yaml b/charts/opentelemetry-operator/examples/default/rendered/deployment.yaml
index 01b252fdd..7ef01b8a2 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/deployment.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/deployment.yaml
@@ -4,9 +4,9 @@ apiVersion: apps/v1
 kind: Deployment
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
@@ -33,13 +33,13 @@ spec:
             - --enable-leader-election
             - --health-probe-addr=:8081
             - --webhook-port=9443
-            - --collector-image=otel/opentelemetry-collector-k8s:0.116.1
+            - --collector-image=otel/opentelemetry-collector-k8s:0.117.0
           command:
             - /manager
           env:
             - name: ENABLE_WEBHOOKS
               value: "true"
-          image: "ghcr.io/open-telemetry/opentelemetry-operator/opentelemetry-operator:0.116.0"
+          image: "ghcr.io/open-telemetry/opentelemetry-operator/opentelemetry-operator:0.117.0"
           name: manager
           ports:
             - containerPort: 8080
diff --git a/charts/opentelemetry-operator/examples/default/rendered/role.yaml b/charts/opentelemetry-operator/examples/default/rendered/role.yaml
index dd011d085..4056d8a6b 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/role.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/role.yaml
@@ -4,9 +4,9 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: Role
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/examples/default/rendered/rolebinding.yaml b/charts/opentelemetry-operator/examples/default/rendered/rolebinding.yaml
index 0dd4738c0..b3e61d7bb 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/rolebinding.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/rolebinding.yaml
@@ -4,9 +4,9 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: RoleBinding
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/examples/default/rendered/service.yaml b/charts/opentelemetry-operator/examples/default/rendered/service.yaml
index f765619d3..4aef0975f 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/service.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/service.yaml
@@ -4,9 +4,9 @@ apiVersion: v1
 kind: Service
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
@@ -31,9 +31,9 @@ apiVersion: v1
 kind: Service
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/examples/default/rendered/serviceaccount.yaml b/charts/opentelemetry-operator/examples/default/rendered/serviceaccount.yaml
index bb5c958a8..15eb108d0 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/serviceaccount.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/serviceaccount.yaml
@@ -6,9 +6,9 @@ metadata:
   name: opentelemetry-operator
   namespace: default
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/examples/default/rendered/tests/test-certmanager-connection.yaml b/charts/opentelemetry-operator/examples/default/rendered/tests/test-certmanager-connection.yaml
index 297db93f3..19ee4998b 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/tests/test-certmanager-connection.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/tests/test-certmanager-connection.yaml
@@ -6,9 +6,9 @@ metadata:
   name: "example-opentelemetry-operator-cert-manager"
   namespace: default
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: webhook
diff --git a/charts/opentelemetry-operator/examples/default/rendered/tests/test-service-connection.yaml b/charts/opentelemetry-operator/examples/default/rendered/tests/test-service-connection.yaml
index 7b4cd812d..99faccd1c 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/tests/test-service-connection.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/tests/test-service-connection.yaml
@@ -6,9 +6,9 @@ metadata:
   name: "example-opentelemetry-operator-metrics"
   namespace: default
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
@@ -43,9 +43,9 @@ metadata:
   name: "example-opentelemetry-operator-webhook"
   namespace: default
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/examples/feature-gates/rendered/admission-webhooks/operator-webhook-with-cert-manager.yaml b/charts/opentelemetry-operator/examples/feature-gates/rendered/admission-webhooks/operator-webhook-with-cert-manager.yaml
index 87fb8f6a7..c357eff94 100644
--- a/charts/opentelemetry-operator/examples/feature-gates/rendered/admission-webhooks/operator-webhook-with-cert-manager.yaml
+++ b/charts/opentelemetry-operator/examples/feature-gates/rendered/admission-webhooks/operator-webhook-with-cert-manager.yaml
@@ -6,9 +6,9 @@ metadata:
   annotations:
     cert-manager.io/inject-ca-from: default/example-opentelemetry-operator-serving-cert
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: webhook
@@ -90,9 +90,9 @@ metadata:
   annotations:
     cert-manager.io/inject-ca-from: default/example-opentelemetry-operator-serving-cert
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: webhook
diff --git a/charts/opentelemetry-operator/examples/feature-gates/rendered/certmanager.yaml b/charts/opentelemetry-operator/examples/feature-gates/rendered/certmanager.yaml
index de70d3d47..3ddfe3a5c 100644
--- a/charts/opentelemetry-operator/examples/feature-gates/rendered/certmanager.yaml
+++ b/charts/opentelemetry-operator/examples/feature-gates/rendered/certmanager.yaml
@@ -4,9 +4,9 @@ apiVersion: cert-manager.io/v1
 kind: Certificate
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: webhook
@@ -29,9 +29,9 @@ apiVersion: cert-manager.io/v1
 kind: Issuer
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: webhook
diff --git a/charts/opentelemetry-operator/examples/feature-gates/rendered/clusterrole.yaml b/charts/opentelemetry-operator/examples/feature-gates/rendered/clusterrole.yaml
index c1fe9ee4c..8ccbf70d8 100644
--- a/charts/opentelemetry-operator/examples/feature-gates/rendered/clusterrole.yaml
+++ b/charts/opentelemetry-operator/examples/feature-gates/rendered/clusterrole.yaml
@@ -4,9 +4,9 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: ClusterRole
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
@@ -256,9 +256,9 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: ClusterRole
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
@@ -274,9 +274,9 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: ClusterRole
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/examples/feature-gates/rendered/clusterrolebinding.yaml b/charts/opentelemetry-operator/examples/feature-gates/rendered/clusterrolebinding.yaml
index ceb1d1f73..223a798df 100644
--- a/charts/opentelemetry-operator/examples/feature-gates/rendered/clusterrolebinding.yaml
+++ b/charts/opentelemetry-operator/examples/feature-gates/rendered/clusterrolebinding.yaml
@@ -4,9 +4,9 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: ClusterRoleBinding
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
@@ -25,9 +25,9 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: ClusterRoleBinding
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/examples/feature-gates/rendered/deployment.yaml b/charts/opentelemetry-operator/examples/feature-gates/rendered/deployment.yaml
index 3dff649b2..6bf2b2c30 100644
--- a/charts/opentelemetry-operator/examples/feature-gates/rendered/deployment.yaml
+++ b/charts/opentelemetry-operator/examples/feature-gates/rendered/deployment.yaml
@@ -4,9 +4,9 @@ apiVersion: apps/v1
 kind: Deployment
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
@@ -33,14 +33,14 @@ spec:
             - --enable-leader-election
             - --health-probe-addr=:8081
             - --webhook-port=9443
-            - --collector-image=otel/opentelemetry-collector-k8s:0.116.1
+            - --collector-image=otel/opentelemetry-collector-k8s:0.117.0
             - --feature-gates=-operator.collector.targetallocatorcr,-operator.observability.prometheus,operator.targetallocator.mtls
           command:
             - /manager
           env:
             - name: ENABLE_WEBHOOKS
               value: "true"
-          image: "ghcr.io/open-telemetry/opentelemetry-operator/opentelemetry-operator:0.116.0"
+          image: "ghcr.io/open-telemetry/opentelemetry-operator/opentelemetry-operator:0.117.0"
           name: manager
           ports:
             - containerPort: 8080
diff --git a/charts/opentelemetry-operator/examples/feature-gates/rendered/role.yaml b/charts/opentelemetry-operator/examples/feature-gates/rendered/role.yaml
index dd011d085..4056d8a6b 100644
--- a/charts/opentelemetry-operator/examples/feature-gates/rendered/role.yaml
+++ b/charts/opentelemetry-operator/examples/feature-gates/rendered/role.yaml
@@ -4,9 +4,9 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: Role
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/examples/feature-gates/rendered/rolebinding.yaml b/charts/opentelemetry-operator/examples/feature-gates/rendered/rolebinding.yaml
index 0dd4738c0..b3e61d7bb 100644
--- a/charts/opentelemetry-operator/examples/feature-gates/rendered/rolebinding.yaml
+++ b/charts/opentelemetry-operator/examples/feature-gates/rendered/rolebinding.yaml
@@ -4,9 +4,9 @@ apiVersion: rbac.authorization.k8s.io/v1
 kind: RoleBinding
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/examples/feature-gates/rendered/service.yaml b/charts/opentelemetry-operator/examples/feature-gates/rendered/service.yaml
index f765619d3..4aef0975f 100644
--- a/charts/opentelemetry-operator/examples/feature-gates/rendered/service.yaml
+++ b/charts/opentelemetry-operator/examples/feature-gates/rendered/service.yaml
@@ -4,9 +4,9 @@ apiVersion: v1
 kind: Service
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
@@ -31,9 +31,9 @@ apiVersion: v1
 kind: Service
 metadata:
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/examples/feature-gates/rendered/serviceaccount.yaml b/charts/opentelemetry-operator/examples/feature-gates/rendered/serviceaccount.yaml
index bb5c958a8..15eb108d0 100644
--- a/charts/opentelemetry-operator/examples/feature-gates/rendered/serviceaccount.yaml
+++ b/charts/opentelemetry-operator/examples/feature-gates/rendered/serviceaccount.yaml
@@ -6,9 +6,9 @@ metadata:
   name: opentelemetry-operator
   namespace: default
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/examples/feature-gates/rendered/tests/test-certmanager-connection.yaml b/charts/opentelemetry-operator/examples/feature-gates/rendered/tests/test-certmanager-connection.yaml
index 297db93f3..19ee4998b 100644
--- a/charts/opentelemetry-operator/examples/feature-gates/rendered/tests/test-certmanager-connection.yaml
+++ b/charts/opentelemetry-operator/examples/feature-gates/rendered/tests/test-certmanager-connection.yaml
@@ -6,9 +6,9 @@ metadata:
   name: "example-opentelemetry-operator-cert-manager"
   namespace: default
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: webhook
diff --git a/charts/opentelemetry-operator/examples/feature-gates/rendered/tests/test-service-connection.yaml b/charts/opentelemetry-operator/examples/feature-gates/rendered/tests/test-service-connection.yaml
index 7b4cd812d..99faccd1c 100644
--- a/charts/opentelemetry-operator/examples/feature-gates/rendered/tests/test-service-connection.yaml
+++ b/charts/opentelemetry-operator/examples/feature-gates/rendered/tests/test-service-connection.yaml
@@ -6,9 +6,9 @@ metadata:
   name: "example-opentelemetry-operator-metrics"
   namespace: default
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
@@ -43,9 +43,9 @@ metadata:
   name: "example-opentelemetry-operator-webhook"
   namespace: default
   labels:
-    helm.sh/chart: opentelemetry-operator-0.78.2
+    helm.sh/chart: opentelemetry-operator-0.79.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.116.0"
+    app.kubernetes.io/version: "0.117.0"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/values.yaml b/charts/opentelemetry-operator/values.yaml
index 8e300a987..70bc44998 100644
--- a/charts/opentelemetry-operator/values.yaml
+++ b/charts/opentelemetry-operator/values.yaml
@@ -42,7 +42,7 @@ manager:
     tag: ""
   collectorImage:
     repository: ""
-    tag: 0.116.1
+    tag: 0.117.0
   opampBridgeImage:
     repository: ""
     tag: ""