diff --git a/bitnami/kuberay/Chart.lock b/bitnami/kuberay/Chart.lock
index a776b9a749..a12ae5cb03 100644
--- a/bitnami/kuberay/Chart.lock
+++ b/bitnami/kuberay/Chart.lock
@@ -1,6 +1,6 @@
 dependencies:
 - name: common
   repository: oci://registry-1.docker.io/bitnamicharts
-  version: 2.19.1
-digest: sha256:c883732817d9aaa3304f7b3109262aa338959de15b432dc5a2dbde13d2e136a5
-generated: "2024-04-04T18:45:40.242015845Z"
+  version: 2.19.2
+digest: sha256:e670e1075bfafffe040fae1158f1fa1f592585f394b48704ba137d2d083b1571
+generated: "2024-05-08T07:46:36.167476099Z"
diff --git a/bitnami/kuberay/Chart.yaml b/bitnami/kuberay/Chart.yaml
index c0b068d1a4..aac65f71f4 100644
--- a/bitnami/kuberay/Chart.yaml
+++ b/bitnami/kuberay/Chart.yaml
@@ -6,13 +6,13 @@ annotations:
   licenses: Apache-2.0
   images: |
     - name: kuberay-apiserver
-      image: docker.io/bitnami/kuberay-apiserver:1.1.0-debian-12-r2
+      image: docker.io/bitnami/kuberay-apiserver:1.1.1-debian-12-r1
     - name: kuberay-operator
-      image: docker.io/bitnami/kuberay-operator:1.1.0-debian-12-r2
+      image: docker.io/bitnami/kuberay-operator:1.1.1-debian-12-r1
     - name: ray
-      image: docker.io/bitnami/ray:2.10.0-debian-12-r1
+      image: docker.io/bitnami/ray:2.20.0-debian-12-r1
 apiVersion: v2
-appVersion: 1.1.0
+appVersion: 1.1.1
 dependencies:
 - name: common
   repository: oci://registry-1.docker.io/bitnamicharts
@@ -32,4 +32,4 @@ maintainers:
 name: kuberay
 sources:
 - https://github.com/bitnami/charts/tree/main/bitnami/kuberay
-version: 1.0.1
+version: 1.0.2
diff --git a/bitnami/kuberay/crds/ray.io_rayclusters.yaml b/bitnami/kuberay/crds/ray.io_rayclusters.yaml
index 647fff6887..f41e0a7c94 100644
--- a/bitnami/kuberay/crds/ray.io_rayclusters.yaml
+++ b/bitnami/kuberay/crds/ray.io_rayclusters.yaml
@@ -1,5 +1,5 @@
 # Source: https://raw.githubusercontent.com/ray-project/kuberay/v{version}/ray-operator/config/crd/bases/ray.io_rayclusters.yaml
-# Version: 1.1.0
+# Version: 1.1.1
 ---
 apiVersion: apiextensions.k8s.io/v1
 kind: CustomResourceDefinition
diff --git a/bitnami/kuberay/crds/ray.io_rayjobs.yaml b/bitnami/kuberay/crds/ray.io_rayjobs.yaml
index 5e0f11fd7f..2e2a1ed1ae 100644
--- a/bitnami/kuberay/crds/ray.io_rayjobs.yaml
+++ b/bitnami/kuberay/crds/ray.io_rayjobs.yaml
@@ -1,5 +1,5 @@
 # Source: https://raw.githubusercontent.com/ray-project/kuberay/v{version}/ray-operator/config/crd/bases/ray.io_rayjobs.yaml
-# Version: 1.1.0
+# Version: 1.1.1
 ---
 apiVersion: apiextensions.k8s.io/v1
 kind: CustomResourceDefinition
diff --git a/bitnami/kuberay/crds/ray.io_rayservices.yaml b/bitnami/kuberay/crds/ray.io_rayservices.yaml
index 97ffd85a70..3658b3fa10 100644
--- a/bitnami/kuberay/crds/ray.io_rayservices.yaml
+++ b/bitnami/kuberay/crds/ray.io_rayservices.yaml
@@ -1,5 +1,5 @@
 # Source: https://raw.githubusercontent.com/ray-project/kuberay/v{version}/ray-operator/config/crd/bases/ray.io_rayservices.yaml
-# Version: 1.1.0
+# Version: 1.1.1
 ---
 apiVersion: apiextensions.k8s.io/v1
 kind: CustomResourceDefinition
diff --git a/bitnami/kuberay/values.yaml b/bitnami/kuberay/values.yaml
index 2e2ec9d836..d950a722e6 100644
--- a/bitnami/kuberay/values.yaml
+++ b/bitnami/kuberay/values.yaml
@@ -82,7 +82,7 @@ diagnosticMode:
 rayImage:
   registry: docker.io
   repository: bitnami/ray
-  tag: 2.10.0-debian-12-r2
+  tag: 2.20.0-debian-12-r1
   digest: ""
   ## Specify a imagePullPolicy
   ## Defaults to 'Always' if image tag is 'latest', else set to 'IfNotPresent'
@@ -119,7 +119,7 @@ operator:
   image:
     registry: docker.io
     repository: bitnami/kuberay-operator
-    tag: 1.1.0-debian-12-r2
+    tag: 1.1.1-debian-12-r1
     digest: ""
     ## Specify a imagePullPolicy
     ## Defaults to 'Always' if image tag is 'latest', else set to 'IfNotPresent'
@@ -771,7 +771,7 @@ apiserver:
   image:
     registry: docker.io
     repository: bitnami/kuberay-apiserver
-    tag: 1.1.0-debian-12-r2
+    tag: 1.1.1-debian-12-r1
     digest: ""
     ## Specify a imagePullPolicy
     ## Defaults to 'Always' if image tag is 'latest', else set to 'IfNotPresent'