diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8700e76f..6bfe757c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,20 @@
 # Changelog
 
+## 0.22.1
+
+**Release date:** 2022-05-03
+
+This prerelease comes with dependency updates, including an update of
+`image-reflector-controller` to `v0.18.0`.
+
+Improvements:
+- Update dependencies
+  [#359](https://github.com/fluxcd/image-automation-controller/pull/359)
+
+Other notable changes:
+- Rewrite all the tests to testenv with gomega
+  [#356](https://github.com/fluxcd/image-automation-controller/pull/356)
+
 ## 0.22.0
 
 **Release date:** 2022-04-19
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index 9ddc7a8d..6cfd055a 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -5,4 +5,4 @@ resources:
 images:
 - name: fluxcd/image-automation-controller
   newName: fluxcd/image-automation-controller
-  newTag: v0.22.0
+  newTag: v0.22.1
diff --git a/go.mod b/go.mod
index 51e5695c..6f253e0c 100644
--- a/go.mod
+++ b/go.mod
@@ -8,7 +8,7 @@ require (
 	github.com/Masterminds/sprig/v3 v3.2.2
 	github.com/ProtonMail/go-crypto v0.0.0-20220407094043-a94812496cf5
 	github.com/cyphar/filepath-securejoin v0.2.3
-	github.com/fluxcd/image-automation-controller/api v0.22.0
+	github.com/fluxcd/image-automation-controller/api v0.22.1
 	github.com/fluxcd/image-reflector-controller/api v0.18.0
 	github.com/fluxcd/pkg/apis/acl v0.0.3
 	github.com/fluxcd/pkg/apis/meta v0.13.0