diff --git a/config/controller/kustomization.yaml b/config/controller/kustomization.yaml
index 2d43e20d..07d6ad22 100644
--- a/config/controller/kustomization.yaml
+++ b/config/controller/kustomization.yaml
@@ -6,4 +6,4 @@ kind: Kustomization
 images:
 - name: controller
   newName: public.ecr.aws/aws-controllers-k8s/lambda-controller
-  newTag: 1.4.4
+  newTag: 1.5.0
diff --git a/helm/Chart.yaml b/helm/Chart.yaml
index 0d59f727..015833e7 100644
--- a/helm/Chart.yaml
+++ b/helm/Chart.yaml
@@ -1,8 +1,8 @@
 apiVersion: v1
 name: lambda-chart
 description: A Helm chart for the ACK service controller for AWS Lambda (Lambda)
-version: 1.4.4
-appVersion: 1.4.4
+version: 1.5.0
+appVersion: 1.5.0
 home: https://github.com/aws-controllers-k8s/lambda-controller
 icon: https://raw.githubusercontent.com/aws/eks-charts/master/docs/logo/aws.png
 sources:
diff --git a/helm/templates/NOTES.txt b/helm/templates/NOTES.txt
index 90ba6cc0..74da0c77 100644
--- a/helm/templates/NOTES.txt
+++ b/helm/templates/NOTES.txt
@@ -1,5 +1,5 @@
 {{ .Chart.Name }} has been installed.
-This chart deploys "public.ecr.aws/aws-controllers-k8s/lambda-controller:1.4.4".
+This chart deploys "public.ecr.aws/aws-controllers-k8s/lambda-controller:1.5.0".
 
 Check its status by running:
   kubectl --namespace {{ .Release.Namespace }} get pods -l "app.kubernetes.io/instance={{ .Release.Name }}"
diff --git a/helm/values.yaml b/helm/values.yaml
index c6a058c9..daba3076 100644
--- a/helm/values.yaml
+++ b/helm/values.yaml
@@ -4,7 +4,7 @@
 
 image:
   repository: public.ecr.aws/aws-controllers-k8s/lambda-controller
-  tag: 1.4.4
+  tag: 1.5.0
   pullPolicy: IfNotPresent
   pullSecrets: []