diff --git a/base/olm/kustomization.yaml b/base/olm/kustomization.yaml
index 583dd0c..26d0134 100644
--- a/base/olm/kustomization.yaml
+++ b/base/olm/kustomization.yaml
@@ -2,5 +2,5 @@ apiVersion: kustomize.config.k8s.io/v1beta1
 kind: Kustomization
 
 resources:
-- https://github.com/operator-framework/operator-lifecycle-manager/releases/download/v0.27.0/olm.yaml
+- https://github.com/operator-framework/operator-lifecycle-manager/releases/download/v0.31.0/olm.yaml
 - resources/mandatory-operators