diff --git a/components/openstack/kustomization.yaml b/components/openstack/kustomization.yaml
index ee74cdb31..211c8d4bd 100644
--- a/components/openstack/kustomization.yaml
+++ b/components/openstack/kustomization.yaml
@@ -15,7 +15,7 @@ resources:
 helmCharts:
   - name: memcached
     repo: https://charts.bitnami.com/bitnami
-    version: 7.8.6
+    version: 7.9.4
     namespace: openstack
     releaseName: memcached
     valuesFile: memcached-values.yaml