diff --git a/package-lock.json b/package-lock.json
index 345581bb2a..a6ee5e2e57 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -21,7 +21,7 @@
         "@edx/brand": "npm:@edx/brand-openedx@1.2.0",
         "@edx/browserslist-config": "^1.1.1",
         "@edx/frontend-build": "12.9.17",
-        "@edx/frontend-platform": "5.4.0",
+        "@edx/frontend-platform": "5.5.1",
         "@edx/reactifex": "^2.1.1",
         "@testing-library/jest-dom": "^5.16.4",
         "@testing-library/react": "^12.1.1",
@@ -2296,9 +2296,9 @@
       }
     },
     "node_modules/@edx/frontend-platform": {
-      "version": "5.4.0",
-      "resolved": "https://registry.npmjs.org/@edx/frontend-platform/-/frontend-platform-5.4.0.tgz",
-      "integrity": "sha512-cz9yQfHJk1PMQdhxeyIXXiBNqaG9dQZpcBgodmVlLnL/PeN1CuRVjjW98WlKYSrxoZAH5wdgUOr0hKRW3OyBAA==",
+      "version": "5.5.1",
+      "resolved": "https://registry.npmjs.org/@edx/frontend-platform/-/frontend-platform-5.5.1.tgz",
+      "integrity": "sha512-GRx2J6N9T/PmPR+jXbKNfSaklghSjwy4NKbOb739yp6tfL0XzeEv9T87rpDv9VLsBvqkA3UxhuplNbhVtZckIQ==",
       "dev": true,
       "dependencies": {
         "@cospired/i18n-iso-languages": "4.1.0",
@@ -2349,7 +2349,6 @@
       "version": "21.3.1",
       "resolved": "https://registry.npmjs.org/@edx/paragon/-/paragon-21.3.1.tgz",
       "integrity": "sha512-bXTUaOEmT8XLnDQzYS8QLMvWK5K2BN4jHlx25lO8N0XWRQeDiQTdbx8OrEbv8QOPTlrv0an5MZc+qjlleJFObg==",
-      "dev": true,
       "dependencies": {
         "@fortawesome/fontawesome-svg-core": "^6.1.1",
         "@fortawesome/react-fontawesome": "^0.1.18",
diff --git a/package.json b/package.json
index 63dea528ec..be9fb7389d 100644
--- a/package.json
+++ b/package.json
@@ -36,7 +36,7 @@
     "@edx/brand": "npm:@edx/brand-openedx@1.2.0",
     "@edx/browserslist-config": "^1.1.1",
     "@edx/frontend-build": "12.9.17",
-    "@edx/frontend-platform": "5.4.0",
+    "@edx/frontend-platform": "5.5.1",
     "@edx/reactifex": "^2.1.1",
     "@testing-library/jest-dom": "^5.16.4",
     "@testing-library/react": "^12.1.1",