diff --git a/.tool-versions b/.tool-versions
index 9c1f2a68..c1681bf1 100644
--- a/.tool-versions
+++ b/.tool-versions
@@ -1,3 +1,3 @@
-elixir 1.18.2-otp-27
-erlang 27.2.4
+elixir 1.18.3-otp-27
+erlang 27.3
 nodejs 20.11.1
diff --git a/Dockerfile b/Dockerfile
index eb311004..aa09d504 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -11,9 +11,9 @@
 #   - https://pkgs.org/ - resource for finding needed packages
 #   - Ex: hexpm/elixir:1.17.2-erlang-27.1-debian-bullseye-20240904-slim
 #
-ARG ELIXIR_VERSION=1.18.2
-ARG OTP_VERSION=27.2.4
-ARG DEBIAN_VERSION=bullseye-20250203-slim
+ARG ELIXIR_VERSION=1.18.3
+ARG OTP_VERSION=27.3
+ARG DEBIAN_VERSION=bullseye-20250224-slim
 
 ARG BUILDER_IMAGE="hexpm/elixir:${ELIXIR_VERSION}-erlang-${OTP_VERSION}-debian-${DEBIAN_VERSION}"
 ARG RUNNER_IMAGE="debian:${DEBIAN_VERSION}"