diff --git a/dependencyManagement/build.gradle.kts b/dependencyManagement/build.gradle.kts
index f1d70eb4..ba463862 100644
--- a/dependencyManagement/build.gradle.kts
+++ b/dependencyManagement/build.gradle.kts
@@ -14,7 +14,7 @@ val opentelemetrySemconv = "1.44.0"
 val opentelemetrySemconvAlpha = "$opentelemetrySemconv-alpha"
 
 val autoservice = "1.1.1"
-val otelJavaContribVersion = "1.61.0-alpha"
+val otelJavaContribVersion = "1.62.1-alpha"
 val junit5 = "5.9.2"
 
 rootProject.extra["otelAgentVersion"] = otelAgentVersion