diff --git a/velero/src/values.yaml b/velero/src/values.yaml
index cb1a500..4e9be88 100644
--- a/velero/src/values.yaml
+++ b/velero/src/values.yaml
@@ -33,7 +33,7 @@ namespace:
 # enabling node-agent). Required.
 image:
   repository: velero/velero
-  tag: v1.15.2
+  tag: v1.16.0
   # Digest value example: sha256:d238835e151cec91c6a811fe3a89a66d3231d9f64d09e5f3c49552672d271f38.
   # If used, it will take precedence over the image.tag.
   # digest: