diff --git a/helm/observability-operator/Chart.yaml b/helm/observability-operator/Chart.yaml
index 10197ce3..027d2cb9 100644
--- a/helm/observability-operator/Chart.yaml
+++ b/helm/observability-operator/Chart.yaml
@@ -4,7 +4,7 @@ description: The observability-operator manages the Giant Swarm observability pl
 home: https://github.com/giantswarm/observability-operator
 icon: https://s.giantswarm.io/app-icons/giantswarm/1/light.svg
 version: 0.0.2
-appVersion: 0.0.1
+appVersion: 0.0.2
 annotations:
   application.giantswarm.io/team: "atlas"
   config.giantswarm.io/version: 1.x.x