diff --git a/.tool-versions b/.tool-versions
index 031d43bb..2254cc0d 100644
--- a/.tool-versions
+++ b/.tool-versions
@@ -1,2 +1,2 @@
-elixir 1.18.0-otp-27
+elixir 1.18.1-otp-27
 erlang 27.2
diff --git a/Dockerfile b/Dockerfile
index 60390d29..c398a5f1 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=1.18.0
-ARG OTP_VERSION=27.1.2
-ARG DEBIAN_VERSION=bullseye-20241202-slim
+ARG ELIXIR_VERSION=1.18.1
+ARG OTP_VERSION=27.2
+ARG DEBIAN_VERSION=bullseye-20241223-slim
 
 ARG BUILDER_IMAGE="hexpm/elixir:${ELIXIR_VERSION}-erlang-${OTP_VERSION}-debian-${DEBIAN_VERSION}"
 ARG RUNNER_IMAGE="debian:${DEBIAN_VERSION}"