diff --git a/dependencyManagement/build.gradle.kts b/dependencyManagement/build.gradle.kts
index 7373541d4c3e..bedd9442eb6d 100644
--- a/dependencyManagement/build.gradle.kts
+++ b/dependencyManagement/build.gradle.kts
@@ -9,7 +9,7 @@ rootProject.extra["versions"] = dependencyVersions
 
 // this line is managed by .github/scripts/update-sdk-version.sh
 val otelSdkVersion = "1.44.1"
-val otelContribVersion = "1.40.0-alpha"
+val otelContribVersion = "1.41.0-alpha"
 val otelSdkAlphaVersion = otelSdkVersion.replaceFirst("(-SNAPSHOT)?$".toRegex(), "-alpha$1")
 
 // Need both BOM and groovy jars
diff --git a/licenses/licenses.md b/licenses/licenses.md
index 39d5f6003bf1..e03c15706036 100644
--- a/licenses/licenses.md
+++ b/licenses/licenses.md
@@ -147,19 +147,19 @@
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**33** **Group:** `io.opentelemetry.contrib` **Name:** `opentelemetry-aws-resources` **Version:** `1.40.0-alpha`
+**33** **Group:** `io.opentelemetry.contrib` **Name:** `opentelemetry-aws-resources` **Version:** `1.41.0-alpha`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java-contrib](https://github.com/open-telemetry/opentelemetry-java-contrib)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**34** **Group:** `io.opentelemetry.contrib` **Name:** `opentelemetry-aws-xray-propagator` **Version:** `1.40.0-alpha`
+**34** **Group:** `io.opentelemetry.contrib` **Name:** `opentelemetry-aws-xray-propagator` **Version:** `1.41.0-alpha`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java-contrib](https://github.com/open-telemetry/opentelemetry-java-contrib)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**35** **Group:** `io.opentelemetry.contrib` **Name:** `opentelemetry-baggage-processor` **Version:** `1.40.0-alpha`
+**35** **Group:** `io.opentelemetry.contrib` **Name:** `opentelemetry-baggage-processor` **Version:** `1.41.0-alpha`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java-contrib](https://github.com/open-telemetry/opentelemetry-java-contrib)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**36** **Group:** `io.opentelemetry.contrib` **Name:** `opentelemetry-gcp-resources` **Version:** `1.40.0-alpha`
+**36** **Group:** `io.opentelemetry.contrib` **Name:** `opentelemetry-gcp-resources` **Version:** `1.41.0-alpha`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java-contrib](https://github.com/open-telemetry/opentelemetry-java-contrib)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)