diff --git a/.github/workflows/pull-request.yaml b/.github/workflows/pull-request.yaml
index d3938fd..7f4c240 100644
--- a/.github/workflows/pull-request.yaml
+++ b/.github/workflows/pull-request.yaml
@@ -9,7 +9,7 @@ on:
 
 env:
   # renovate: depName=zarf-dev/zarf
-  ZARF_VERSION: 0.37.0
+  ZARF_VERSION: 0.40.1
 
 jobs:
   build:
diff --git a/.github/workflows/release.yaml b/.github/workflows/release.yaml
index 0350cef..1d08ba4 100644
--- a/.github/workflows/release.yaml
+++ b/.github/workflows/release.yaml
@@ -9,7 +9,7 @@ on:
 
 env:
   # renovate: depName=zarf-dev/zarf
-  ZARF_VERSION: 0.37.0
+  ZARF_VERSION: 0.40.1
 
 jobs:
   build:
diff --git a/Makefile b/Makefile
index fe0bc1d..9502564 100644
--- a/Makefile
+++ b/Makefile
@@ -1,6 +1,6 @@
 ARCH:=amd64
 # renovate: depName=zarf-dev/zarf
-ZARF_VERSION:="0.37.0"
+ZARF_VERSION:="0.40.1"
 # renovate: depName=go-gitea/gitea
 GITEA_VERSION:="1.22.1"
 # renovate: depName=distribution/distribution
diff --git a/zarf/full/zarf.yaml b/zarf/full/zarf.yaml
index a4f5a7d..ef8954c 100644
--- a/zarf/full/zarf.yaml
+++ b/zarf/full/zarf.yaml
@@ -12,27 +12,27 @@ components:
     required: true
     import:
       # renovate: depName=zarf-dev/zarf
-      url: oci://ghcr.io/zarf-dev/packages/init:v0.37.0
+      url: oci://ghcr.io/zarf-dev/packages/init:v0.40.1
 
   - name: zarf-seed-registry
     required: true
     import:
       # renovate: depName=zarf-dev/zarf
-      url: oci://ghcr.io/zarf-dev/packages/init:v0.37.0
+      url: oci://ghcr.io/zarf-dev/packages/init:v0.40.1
 
   - name: zarf-registry
     required: true
     import:
       # renovate: depName=zarf-dev/zarf
-      url: oci://ghcr.io/zarf-dev/packages/init:v0.37.0
+      url: oci://ghcr.io/zarf-dev/packages/init:v0.40.1
 
   - name: zarf-agent
     required: true
     import:
       # renovate: depName=zarf-dev/zarf
-      url: oci://ghcr.io/zarf-dev/packages/init:v0.37.0
+      url: oci://ghcr.io/zarf-dev/packages/init:v0.40.1
 
   - name: git-server
     import:
       # renovate: depName=zarf-dev/zarf
-      url: oci://ghcr.io/zarf-dev/packages/init:v0.37.0
+      url: oci://ghcr.io/zarf-dev/packages/init:v0.40.1