diff --git a/docs/kf_images.txt b/docs/kf_images.txt
new file mode 100644
index 0000000000..62aa24d070
--- /dev/null
+++ b/docs/kf_images.txt
@@ -0,0 +1,117 @@
+busybox:1.28
+busybox:latest
+docker.io/aipipeline/api-server:1.5.1
+docker.io/aipipeline/cache-server:1.5.1
+docker.io/aipipeline/frontend:1.5.1
+docker.io/aipipeline/metadata-writer:1.5.1
+docker.io/aipipeline/persistenceagent:1.5.1
+docker.io/aipipeline/pipelineloop-controller:1.5.1
+docker.io/aipipeline/pipelineloop-controller:nightly
+docker.io/aipipeline/pipelineloop-webhook:1.5.1
+docker.io/aipipeline/pipelineloop-webhook:nightly
+docker.io/aipipeline/scheduledworkflow:1.5.1
+docker.io/istio/pilot:1.16.0
+docker.io/istio/proxyv2:1.16.0
+docker.io/kubeflowkatib/cert-generator
+docker.io/kubeflowkatib/cert-generator:v0.15.0
+docker.io/kubeflowkatib/enas-cnn-cifar10-cpu:v0.15.0
+docker.io/kubeflowkatib/katib-controller
+docker.io/kubeflowkatib/katib-controller:v0.15.0
+docker.io/kubeflowkatib/katib-db-manager
+docker.io/kubeflowkatib/katib-db-manager:v0.15.0
+docker.io/kubeflowkatib/katib-ui
+docker.io/kubeflowkatib/katib-ui:v0.15.0
+docker.io/kubeflowkatib/mxnet-mnist:v0.15.0
+docker.io/kubeflowkatib/pytorch-mnist-cpu:v0.15.0
+docker.io/kubeflownotebookswg/centraldashboard:v1.7.0
+docker.io/kubeflownotebookswg/jupyter-web-app:v1.7.0
+docker.io/kubeflownotebookswg/kfam:v1.7.0
+docker.io/kubeflownotebookswg/notebook-controller
+docker.io/kubeflownotebookswg/notebook-controller:v1.7.0
+docker.io/kubeflownotebookswg/poddefaults-webhook:v1.7.0
+docker.io/kubeflownotebookswg/profile-controller
+docker.io/kubeflownotebookswg/profile-controller:v1.7.0
+docker.io/kubeflownotebookswg/tensorboard-controller
+docker.io/kubeflownotebookswg/tensorboard-controller:v1.7.0
+docker.io/kubeflownotebookswg/tensorboards-web-app:v1.7.0
+docker.io/kubeflownotebookswg/volumes-web-app:v1.7.0
+docker.io/metacontrollerio/metacontroller:v2.0.4
+docker.io/seldonio/mlserver:1.0.0
+docker.io/seldonio/seldon-core-operator:1.15.0
+gcr.io/arrikto/kubeflow/oidc-authservice:e236439
+gcr.io/cloudsql-docker/gce-proxy:1.25.0
+gcr.io/knative-releases/knative.dev/eventing/cmd/controller@sha256:33d78536e9b38dbb2ec2952207b48ff8e05acb48e7d28c2305bd0a0f7156198f
+gcr.io/knative-releases/knative.dev/eventing/cmd/mtping@sha256:282b5265e1ef26309b3343038c9b4f172654e06cbee46f6ddffd23ea9ad9a3be
+gcr.io/knative-releases/knative.dev/eventing/cmd/webhook@sha256:d217ab7e3452a87f8cbb3b45df65c98b18b8be39551e3e960cd49ea44bb415ba
+gcr.io/knative-releases/knative.dev/net-istio/cmd/controller@sha256:2b484d982ef1a5d6ff93c46d3e45f51c2605c2e3ed766e20247d1727eb5ce918
+gcr.io/knative-releases/knative.dev/net-istio/cmd/webhook@sha256:59b6a46d3b55a03507c76a3afe8a4ee5f1a38f1130fd3d65c9fe57fff583fa8d
+gcr.io/knative-releases/knative.dev/pkg/apiextensions/storageversion/cmd/migrate@sha256:b6a9bb1c500669410d1ec2fef88af0de011375e619c335973a2894f109135858
+gcr.io/knative-releases/knative.dev/pkg/apiextensions/storageversion/cmd/migrate@sha256:bb95337552b07e1a52d6205a95342317b1b081b6b57ef7764c0d59c466978b6f
+gcr.io/knative-releases/knative.dev/serving/cmd/activator@sha256:c3bbf3a96920048869dcab8e133e00f59855670b8a0bbca3d72ced2f512eb5e1
+gcr.io/knative-releases/knative.dev/serving/cmd/autoscaler@sha256:caae5e34b4cb311ed8551f2778cfca566a77a924a59b775bd516fa8b5e3c1d7f
+gcr.io/knative-releases/knative.dev/serving/cmd/controller@sha256:38f9557f4d61ec79cc2cdbe76da8df6c6ae5f978a50a2847c22cc61aa240da95
+gcr.io/knative-releases/knative.dev/serving/cmd/domain-mapping@sha256:763d648bf1edee2b4471b0e211dbc53ba2d28f92e4dae28ccd39af7185ef2c96
+gcr.io/knative-releases/knative.dev/serving/cmd/domain-mapping-webhook@sha256:a4ba0076df2efaca2eed561339e21b3a4ca9d90167befd31de882bff69639470
+gcr.io/knative-releases/knative.dev/serving/cmd/queue@sha256:505179c0c4892ea4a70e78bc52ac21b03cd7f1a763d2ecc78e7bbaa1ae59c86c
+gcr.io/knative-releases/knative.dev/serving/cmd/webhook@sha256:bc13765ba4895c0fa318a065392d05d0adc0e20415c739e0aacb3f56140bf9ae
+gcr.io/kubebuilder/kube-rbac-proxy:v0.13.1
+gcr.io/kubebuilder/kube-rbac-proxy:v0.8.0
+gcr.io/kubeflow-images-public/kubebench/kubebench-operator-v1alpha2:bc682c1
+gcr.io/kubeflow-images-public/kubebench/workflow-agent:bc682c1
+gcr.io/ml-pipeline/api-server:2.0.0-alpha.7
+gcr.io/ml-pipeline/application-crd-controller:1.0-beta-non-cluster-role
+gcr.io/ml-pipeline/cache-deployer:1.8.4
+gcr.io/ml-pipeline/cache-deployer:2.0.0-alpha.7
+gcr.io/ml-pipeline/cache-server:2.0.0-alpha.7
+gcr.io/ml-pipeline/frontend:2.0.0-alpha.7
+gcr.io/ml-pipeline/inverse-proxy-agent:1.8.4
+gcr.io/ml-pipeline/inverse-proxy-agent:2.0.0-alpha.7
+gcr.io/ml-pipeline/metadata-envoy:1.8.4
+gcr.io/ml-pipeline/metadata-envoy:2.0.0-alpha.7
+gcr.io/ml-pipeline/metadata-writer:1.8.4
+gcr.io/ml-pipeline/metadata-writer:2.0.0-alpha.7
+gcr.io/ml-pipeline/minio:RELEASE.2019-08-14T20-37-41Z-license-compliance
+gcr.io/ml-pipeline/mysql:5.7-debian
+gcr.io/ml-pipeline/mysql:8.0.26
+gcr.io/ml-pipeline/persistenceagent:2.0.0-alpha.7
+gcr.io/ml-pipeline/scheduledworkflow:2.0.0-alpha.7
+gcr.io/ml-pipeline/viewer-crd-controller:1.8.4
+gcr.io/ml-pipeline/viewer-crd-controller:2.0.0-alpha.7
+gcr.io/ml-pipeline/visualization-server:1.8.4
+gcr.io/ml-pipeline/visualization-server:2.0.0-alpha.7
+gcr.io/ml-pipeline/workflow-controller:v3.3.8-license-compliance
+gcr.io/tekton-releases/github.com/tektoncd/dashboard/cmd/dashboard:v0.30.0@sha256:85f7d38086fadb07556052ce873d44861c29ef690f47735f32d7e6a153ca8a92
+gcr.io/tekton-releases/github.com/tektoncd/pipeline/cmd/controller:v0.41.0@sha256:556953d6367b28504b7ad32f58a50b3e3609f60aaddfca3aad217e93465551e7
+gcr.io/tekton-releases/github.com/tektoncd/pipeline/cmd/resolvers:v0.41.0@sha256:de08fa01e521144d9852dd14fe64f75da0b471c7379b0f721043f69fc86a8647
+gcr.io/tekton-releases/github.com/tektoncd/pipeline/cmd/webhook:v0.41.0@sha256:f4e766d21b0ea2735f487888c0155c9d8287f04ac77a4948a616250d24175475
+gcr.io/tfx-oss-public/ml_metadata_store_server:1.5.0
+ghcr.io/dexidp/dex:v2.31.2
+grafana/grafana:5.3.4
+kserve/kserve-controller:v0.10.0
+kserve/lgbserver:v0.10.0
+kserve/models-web-app:v0.10.0
+kserve/paddleserver:v0.10.0
+kserve/pmmlserver:v0.10.0
+kserve/sklearnserver:v0.10.0
+kserve/xgbserver:v0.10.0
+kubeflow/training-operator
+kubeflow/training-operator:v1-5a5f92d
+minio/minio
+mysql:8
+mysql:8.0.29
+mysql:8.0.3
+nvcr.io/nvidia/tritonserver:21.09-py3
+postgres:12-alpine
+postgres:14.5-alpine
+prom/prometheus
+python:3.7
+pytorch/torchserve-kfs:0.7.0
+quay.io/argoproj/argocli:latest
+quay.io/argoproj/workflow-controller:latest
+quay.io/bentoml/yatai-deployment:1.1.4
+quay.io/bentoml/yatai-image-builder:1.1.3
+quay.io/dexidp/dex:v2.23.0
+quay.io/jetstack/cert-manager-cainjector:v1.10.1
+quay.io/jetstack/cert-manager-controller:v1.10.1
+quay.io/jetstack/cert-manager-webhook:v1.10.1
+tensorflow/serving:2.6.2
diff --git a/hack/extract_manifests_images.sh b/hack/extract_manifests_images.sh
new file mode 100644
index 0000000000..9b5dfa8adc
--- /dev/null
+++ b/hack/extract_manifests_images.sh
@@ -0,0 +1,32 @@
+#!/usr/bin/env bash
+
+# The script extracts all images from specific manifests sub-directories.
+# Future release process enhancements may include an automatic image inventory scan.
+# The reported image list can later be used for image vulnerability scanning and managing license risks management
+
+#VERSION=1.7.0
+output_file="../docs/kf${VERSION}_images.txt"
+declare -a dirs=("../apps" "../common" "../example" "../contrib/metacontroller"
+                 "../contrib/seldon" "../contrib/bentoml" )
+rm -f .tmp
+# Iterate over all files with names: 'kustomization.yaml', 'kustomization.yml', 'Kustomization' found recursively in the provided list of directories
+for F in $(find "${dirs[@]}" \( -name kustomization.yaml   -o -name kustomization.yml -o -name Kustomization \)); do
+
+  dir=$(dirname -- "$F")
+  # Generate k8s resources specified in 'dir' using the 'kustomize build' command.
+  # Log the 'dir' name where the 'kustomize build' command fails.
+  kbuild=$(kustomize build "$dir")
+  return_code=$?
+  if [ $return_code -ne 0 ]; then
+    printf 'ERROR:\t Failed \"kustomize build\" command for directory: %s. See error above\n' "$dir"
+     continue
+  fi
+    # Grep the output of 'kustomize build' command for 'image:' and '- image' lines and return just the image itself
+    # Redirect the output to '.tmp' file
+  grep '\-\?\s\image:'<<<"$kbuild" | sed -re 's/\s-?\simage: *//;s/^[ \t]*//g' | sed '/^$/d;/{/d' >> .tmp
+done
+
+sort .tmp | uniq > "$output_file"
+rm -f .tmp
+
+echo "File ${output_file} successfully created"