diff --git a/charts/nr-k8s-otel-collector/values.yaml b/charts/nr-k8s-otel-collector/values.yaml
index a296909a4..4c9ace98a 100644
--- a/charts/nr-k8s-otel-collector/values.yaml
+++ b/charts/nr-k8s-otel-collector/values.yaml
@@ -17,7 +17,7 @@ image:
   # -- The pull policy is defaulted to IfNotPresent, which skips pulling an image if it already exists. If pullPolicy is defined without a specific value, it is also set to Always.
   pullPolicy: IfNotPresent
   # --  Overrides the image tag whose default is the chart appVersion.
-  tag: "0.7.1"
+  tag: "0.8.0"
 
 # -- Name of the Kubernetes cluster monitored. Mandatory. Can be configured also with `global.cluster`
 cluster: ""