diff --git a/hack/dependencies.yml b/hack/dependencies.yml
index 67b0ec702..03d5eac65 100644
--- a/hack/dependencies.yml
+++ b/hack/dependencies.yml
@@ -1,28 +1,27 @@
 - checksums:
     darwin:
-      amd64: 2b6d173dec1b6087e22690386474786fd9a2232c4479d8975cc98ae8160eea76
-      arm64: 3e6f092bfe7a121d15126a0de6503797818c6b6745fbc97213f519d35fab08f9
+      amd64: a2ca42f8178ba2849076b580177c5c12769e17f01a61ab50b106367728004692
+      arm64: 0c025f1210875f185a867e6cb3fd4770627f13ce64d69b6092de713464395ddb
     linux:
-      amd64: 9bf62175c7cc0b54f9731a5b87ee40250f0457b1fce1b0b36019c2f8d96db8f8
-      arm64: cbfc85f11ffd8e61d63accf799b8997caaebe46ee046290cc1c4d05ed1ab145b
+      amd64: 348cb34965b64c07fd5118e69efd9a4fae7e22f57db4e91e2d9903c1ad19f041
+      arm64: 9552c863452622386b9e9fcab0eb0533b6e8c77bc3f5c753967d40232b2a1721
   dev: true
   name: ytt
   repo: vmware-tanzu/carvel-ytt
   urlTemplate: https://github.com/vmware-tanzu/carvel-{{.Name}}/releases/download/{{.Version}}/{{.Name}}-{{.OS}}-{{.Arch}}
-  version: v0.45.4
+  version: v0.46.0
 - checksums:
     darwin:
-      amd64: 2503d10022133005f03ae0f5a7ee46460799f6d7950c2967423820b4acbcdc5f
-      arm64: e5a689dfab13682f75b89214a971274912a5060910457ea48504a22aa6fa72f2
+      amd64: 472afeeb890589d2ea625e123bbf1cd142744523f29ebbc64c2dcb8bad2ca666
+      arm64: 3d164cff500245e5c04057b3604288c9af6cab2e655e55b124a16088ef59e8bd
     linux:
-      amd64: 814dbd68282717481db7bd99e56cc3f6ff0664880daf880aa44c88ff10d9588b
-      arm64: 9867106fb543f10135c29986bea8256ed2d6a76b00faff02453a9c932c84e589
+      amd64: c6ecf2d36b7a72f2bab57fae2a6e8a2a886c2b0072388a9f7dd07363fc0f13fc
+      arm64: 9d6d2897b83a60dd9538c8f589e177ba0594747bb3717127dc4671a876a8a363
   dev: true
   name: kbld
   repo: vmware-tanzu/carvel-kbld
   urlTemplate: https://github.com/vmware-tanzu/carvel-{{.Name}}/releases/download/{{.Version}}/{{.Name}}-{{.OS}}-{{.Arch}}
-  version: v0.37.4
-#  To be updated after official kapp release
+  version: v0.38.0
 - checksums:
     darwin:
       amd64: ac1f2bd9f43f0d77465f8f4e4b2540a498c6fd3228d7e8452e360d66e04344c7
@@ -37,16 +36,16 @@
   version: v0.59.0
 - checksums:
     darwin:
-      amd64: 6a5290066d8fbe26aa0603902825bbca55b97f011e97949677eb937ace2d2e3e
-      arm64: 457a4c21967fcd1ac8e90058a92e8650a44054b87f10498b51e335a6bbf36c16
+      amd64: 791e7d275088a1439460d108b8d92df16b2f45b4f3e576d5557dfd21b344f1a9
+      arm64: ad9903183608a17ec5e581743ee75e88ac190a34399787f7450d356965c9f2bc
     linux:
-      amd64: 26cdf2710cd4f5198c2b8beaab88f70db4075a82660963a01b271d75cd8e5779
-      arm64: b33b9c6172acbce88baf17ec38c16e9cd8d99ad1f3470d999e444071702bd06d
+      amd64: d9109fb8f07bedab820b60e4789a2b183857073fa392cd603b9cabeac795ba04
+      arm64: a2810fef1123ee6eda307229f50b2e549b3ef14efb1ecdb2771405fdb0573f0c
   dev: true
   name: vendir
   repo: vmware-tanzu/carvel-vendir
   urlTemplate: https://github.com/vmware-tanzu/carvel-{{.Name}}/releases/download/{{.Version}}/{{.Name}}-{{.OS}}-{{.Arch}}
-  version: v0.34.3
+  version: v0.35.0
 - checksums:
     linux:
       amd64: 1b2313cd198d45eab00cc37c38f6b1ca0a948ba279c29e322bdf426d406129b5
@@ -59,13 +58,13 @@
   version: v3.12.3
 - checksums:
     linux:
-      amd64: 53aec65e45f62a769ff24b7e5384f0c82d62668dd96ed56685f649da114b4dbb
-      arm64: 4945313ed0dfddba52a12ab460d750c91ead725d734039493da0285ad6c5f032
+      amd64: 48fb4a6562014a9213be15b4991931266d040b9b64dba8dbcd07b902e90025c0
+      arm64: 5ec31eaed635e154b59ff4b7c9b311b6e616bd4818a68899c2f9db00c81e3a63
   dev: false
   name: sops
   repo: mozilla/sops
   urlTemplate: https://github.com/mozilla/sops/releases/download/{{.Version}}/sops-{{.Version}}.{{.OS}}.{{.Arch}}
-  version: v3.7.3
+  version: v3.8.0
 - checksums:
     linux:
       amd64: cf16cbb108fc56e2064b00ba2b65d9fb1b8d7002ca5e38260ee1cc34f6aaa8f9