diff --git a/Cargo.lock b/Cargo.lock
index 3c32ab216..265b40122 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1095,7 +1095,7 @@ dependencies = [
  "omicron-common",
  "openapi-lint",
  "openapiv3",
- "opentelemetry 0.24.0",
+ "opentelemetry 0.27.1",
  "opentelemetry-jaeger",
  "oximeter",
  "oximeter-producer",
@@ -1138,7 +1138,7 @@ dependencies = [
  "crucible",
  "crucible-common",
  "crucible-workspace-hack",
- "opentelemetry 0.24.0",
+ "opentelemetry 0.27.1",
  "opentelemetry-jaeger",
  "rand 0.8.5",
  "tokio",
@@ -3770,16 +3770,16 @@ dependencies = [
 
 [[package]]
 name = "opentelemetry"
-version = "0.24.0"
+version = "0.27.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "4c365a63eec4f55b7efeceb724f1336f26a9cf3427b70e59e2cd2a5b947fba96"
+checksum = "ab70038c28ed37b97d8ed414b6429d343a8bbf44c9f79ec854f3a643029ba6d7"
 dependencies = [
  "futures-core",
  "futures-sink",
  "js-sys",
- "once_cell",
  "pin-project-lite",
  "thiserror",
+ "tracing",
 ]
 
 [[package]]
@@ -6399,7 +6399,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "97fee6b57c6a41524a810daee9286c02d7752c4253064d0b05472833a438f675"
 dependencies = [
  "cfg-if",
- "rand 0.6.5",
+ "rand 0.8.5",
  "static_assertions",
 ]
 
diff --git a/Cargo.toml b/Cargo.toml
index 2096112ff..262ccd4ac 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -68,7 +68,7 @@ num-derive = "0.4"
 num-traits = "0.2"
 omicron-zone-package = "0.11.1"
 openapiv3 = "2.0.0"
-opentelemetry = "0.24.0"
+opentelemetry = "0.27.1"
 opentelemetry-jaeger = { version = "0.20.0" }
 percent-encoding = "2.3"
 proptest = "1.5.0"