diff --git a/dependencyManagement/build.gradle.kts b/dependencyManagement/build.gradle.kts
index 489cac3441c3..f983673497b6 100644
--- a/dependencyManagement/build.gradle.kts
+++ b/dependencyManagement/build.gradle.kts
@@ -95,7 +95,7 @@ val DEPENDENCIES = listOf(
   "commons-logging:commons-logging:1.2",
   "commons-validator:commons-validator:1.7",
   "io.netty:netty:3.10.6.Final",
-  "io.opentelemetry.contrib:opentelemetry-aws-xray-propagator:1.22.0-alpha",
+  "io.opentelemetry.contrib:opentelemetry-aws-xray-propagator:1.23.0-alpha",
   "io.opentelemetry.proto:opentelemetry-proto:0.19.0-alpha",
   "org.assertj:assertj-core:3.24.2",
   "org.awaitility:awaitility:4.2.0",
diff --git a/licenses/licenses.md b/licenses/licenses.md
index b5140855c776..96a58145d7aa 100644
--- a/licenses/licenses.md
+++ b/licenses/licenses.md
@@ -1,7 +1,7 @@
 
 #javaagent
 ##Dependency License Report
-_2023-02-21 07:57:23 UTC_
+_2023-02-22 22:23:49 UTC_
 ## Apache License, Version 2.0
 
 **1** **Group:** `com.blogspot.mydailyjava` **Name:** `weak-lock-free` **Version:** `0.18`
@@ -137,7 +137,7 @@ _2023-02-21 07:57:23 UTC_
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**32** **Group:** `io.opentelemetry.contrib` **Name:** `opentelemetry-aws-xray-propagator` **Version:** `1.22.0-alpha`
+**32** **Group:** `io.opentelemetry.contrib` **Name:** `opentelemetry-aws-xray-propagator` **Version:** `1.23.0-alpha`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java-contrib](https://github.com/open-telemetry/opentelemetry-java-contrib)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)