diff --git a/Makefile b/Makefile
index 605395f1..d62214ea 100644
--- a/Makefile
+++ b/Makefile
@@ -3,7 +3,7 @@
 # To re-generate a bundle for another specific version without changing the standard setup, you can:
 # - use the VERSION as arg of the bundle target (e.g make bundle VERSION=0.0.2)
 # - use environment variables to overwrite this value (e.g export VERSION=0.0.2)
-VERSION ?= 1.17.0
+VERSION ?= 1.26.0
 
 BUILD_TOOL ?= podman
 
diff --git a/config/overlays/odh/params.env b/config/overlays/odh/params.env
index 908f07c9..6ed951a8 100644
--- a/config/overlays/odh/params.env
+++ b/config/overlays/odh/params.env
@@ -1,4 +1,4 @@
-trustyaiServiceImage=quay.io/trustyai/trustyai-service:v0.19.0
-trustyaiOperatorImage=quay.io/trustyai/trustyai-service-operator:v1.25.0
+trustyaiServiceImage=quay.io/trustyai/trustyai-service:v0.20.0
+trustyaiOperatorImage=quay.io/trustyai/trustyai-service-operator:v1.26.0
 oauthProxyImage=quay.io/openshift/origin-oauth-proxy:4.14.0
 kServeServerless=enabled
\ No newline at end of file
diff --git a/controllers/version.go b/controllers/version.go
index 7633c475..e73735c7 100644
--- a/controllers/version.go
+++ b/controllers/version.go
@@ -1,5 +1,5 @@
 package controllers
 
 const (
-	Version = "1.17.0"
+	Version = "1.26.0"
 )