diff --git a/applications/ollama/templates/release.yaml b/applications/ollama/templates/release.yaml
index 59367bed..86e5f107 100644
--- a/applications/ollama/templates/release.yaml
+++ b/applications/ollama/templates/release.yaml
@@ -10,7 +10,7 @@ spec:
   chart:
     spec:
       chart: ollama
-      version: 1.1.2
+      version: 1.2.0
       reconcileStrategy: ChartVersion
       sourceRef:
         kind: HelmRepository