diff --git a/lab/_envcommon/default-versions.hcl b/lab/_envcommon/default-versions.hcl
index 5fe0fa9..c9edb12 100644
--- a/lab/_envcommon/default-versions.hcl
+++ b/lab/_envcommon/default-versions.hcl
@@ -19,7 +19,7 @@ locals {
   null_version       = "3.2.1"
   random_version     = "3.5.1"
   template_version   = "2.2.0"
-  tf_version         = "1.8.0" # since we are using provider functions
+  tf_version         = "1.5.5"
 
   #####################
   # EKS Config
@@ -41,28 +41,28 @@ locals {
   cert_manager_controller_tag      = "v${local.cert_manager_version}"
   cert_manager_helm_chart          = "${local.cert_manager_version}"
   cert_manager_startupapicheck_tag = "v${local.cert_manager_version}"
-  cert_manager_version             = "1.16.1"
+  cert_manager_version             = "1.16.3"
   cert_manager_webhook_tag         = "v${local.cert_manager_version}"
 
   ################
   # Istio
   ################
-  istio_version = "1.22.1"
+  istio_version = "1.24.2"
 
   ################
   # Grafana
   ################
   download_dashboards_image_tag = "7.85.0"
-  grafana_chart_version         = "8.5.0"
+  grafana_chart_version         = "8.8.5"
   grafana_hostname              = "grafana"
-  grafana_tag                   = "11.1.5"
+  grafana_tag                   = "11.4.0"
   init_chown_data_image_tag     = "1.31.1"
 
   ################
   # Karpenter
   ################
-  karpenter_helm_chart = "1.0.6"
-  karpenter_tag        = "1.0.6"
+  karpenter_helm_chart = "1.1.1"
+  karpenter_tag        = "1.1.1"
 
   ################
   # Kiali
@@ -73,8 +73,8 @@ locals {
   ################
   # Loki
   ################
-  loki_chart_version              = "6.10.2"
-  loki_tag                        = "3.1.1"
+  loki_chart_version              = "6.25.0"
+  loki_tag                        = "3.3.2"
   canary_tag                      = "3.0.0"
   enterprise_logs_provisioner_tag = "v1.7.0"
   gateway_tag                     = "1.25.2-alpine"
@@ -102,6 +102,6 @@ locals {
   ################
   # Tempo
   ################
-  tempo_chart_version = "1.10.3"
-  tempo_tag           = "2.5.0"
+  tempo_chart_version = "1.31.1"
+  tempo_tag           = "2.7.0"
 }