diff --git a/charts/argocd-understack/values.yaml b/charts/argocd-understack/values.yaml
index a7a4776e3..68b9ce41a 100644
--- a/charts/argocd-understack/values.yaml
+++ b/charts/argocd-understack/values.yaml
@@ -419,7 +419,7 @@ site:
     wave: 2
     # -- Chart version for Placement
     # renovate: datasource=helm depName=placement registryUrl=https://tarballs.opendev.org/openstack/openstack-helm
-    chartVersion: 2026.1.35+6cec8010b
+    chartVersion: 2026.1.49+1275eff8c
 
   # -- Nova (Compute Service)
   nova: