diff --git a/chart/templates/velero/values.yaml b/chart/templates/velero/values.yaml
index c0d6150f27330217480d6a4406a37e4a02295e67..f43bd228aaec3c948efbe9de5987623dcd9bb1b6 100644
--- a/chart/templates/velero/values.yaml
+++ b/chart/templates/velero/values.yaml
@@ -62,7 +62,7 @@ initContainers:
 {{- end }}
 {{- if eq . "azure" }}
   - name: velero-plugin-for-azure
-    image: registry1.dso.mil/ironbank/opensource/velero/velero-plugin-for-microsoft-azure:v1.4.1
+    image: registry1.dso.mil/ironbank/opensource/velero/velero-plugin-for-microsoft-azure:v1.5.0
     imagePullPolicy: {{ dig "image" "pullPolicy" "IfNotPresent" $.Values.addons.velero.values }}
     volumeMounts:
       - mountPath: /target