diff --git a/hack/setup-capo.sh b/hack/setup-capo.sh
index 38e9406c..74e8c1d8 100755
--- a/hack/setup-capo.sh
+++ b/hack/setup-capo.sh
@@ -19,8 +19,8 @@
 export GOPROXY=off
 
 # Versions to test
-CAPI_VERSION=${CAPI_VERSION:-vv1.8.1}
-CAPO_VERSION=${CAPO_VERSION:-v0.10.4}
+CAPI_VERSION=${CAPI_VERSION:-v1.8.4}
+CAPO_VERSION=${CAPO_VERSION:-v0.10.5}
 
 # Install the `clusterctl` CLI
 sudo curl -Lo /usr/local/bin/clusterctl https://github.com/kubernetes-sigs/cluster-api/releases/download/${CAPI_VERSION}/clusterctl-linux-amd64