diff --git a/dependencyManagement/build.gradle.kts b/dependencyManagement/build.gradle.kts
index 6644bbdde0..68496cdebb 100644
--- a/dependencyManagement/build.gradle.kts
+++ b/dependencyManagement/build.gradle.kts
@@ -29,8 +29,8 @@ val DEPENDENCY_BOMS = listOf(
   "com.fasterxml.jackson:jackson-bom:2.14.1",
   "com.google.guava:guava-bom:31.1-jre",
   "org.apache.groovy:groovy-bom:${groovyVersion}",
-  "io.opentelemetry:opentelemetry-bom:1.21.0",
-  "io.opentelemetry:opentelemetry-bom-alpha:1.21.0-alpha",
+  "io.opentelemetry:opentelemetry-bom:1.22.0",
+  "io.opentelemetry:opentelemetry-bom-alpha:1.22.0-alpha",
   "org.junit:junit-bom:5.9.1",
   "org.testcontainers:testcontainers-bom:1.17.6",
   "org.spockframework:spock-bom:2.3-groovy-4.0"
diff --git a/examples/distro/build.gradle b/examples/distro/build.gradle
index 1e52ec20f5..aff9ff5594 100644
--- a/examples/distro/build.gradle
+++ b/examples/distro/build.gradle
@@ -27,7 +27,7 @@ subprojects {
   ext {
     versions = [
       // these lines are managed by .github/scripts/update-sdk-version.sh
-      opentelemetry              : "1.21.0",
+      opentelemetry              : "1.22.0",
 
       // these lines are managed by .github/scripts/update-version.sh
       opentelemetryJavaagent     : "1.22.0-SNAPSHOT",
diff --git a/examples/extension/build.gradle b/examples/extension/build.gradle
index f34d93a2ca..7d57b2d1ee 100644
--- a/examples/extension/build.gradle
+++ b/examples/extension/build.gradle
@@ -60,7 +60,7 @@ spotless {
 }
 
 dependencies {
-  api(platform("io.opentelemetry:opentelemetry-bom:1.21.0"))
+  api(platform("io.opentelemetry:opentelemetry-bom:1.22.0"))
 
   // these serve as a test of the instrumentation boms
   api(platform("io.opentelemetry.instrumentation:opentelemetry-instrumentation-bom:${versions.opentelemetryJavaagent}"))
diff --git a/licenses/licenses.md b/licenses/licenses.md
index f3fe478155..503fe331da 100644
--- a/licenses/licenses.md
+++ b/licenses/licenses.md
@@ -1,7 +1,7 @@
 
 #javaagent
 ##Dependency License Report
-_2022-12-15 15:17:56 PST_
+_2023-01-09 13:08:03 CET_
 ## Apache License, Version 2.0
 
 **1** **Group:** `com.blogspot.mydailyjava` **Name:** `weak-lock-free` **Version:** `0.18`
@@ -37,99 +37,99 @@ _2022-12-15 15:17:56 PST_
 > - **POM Project URL**: [https://github.com/square/okio/](https://github.com/square/okio/)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**7** **Group:** `io.opentelemetry` **Name:** `opentelemetry-api` **Version:** `1.21.0`
+**7** **Group:** `io.opentelemetry` **Name:** `opentelemetry-api` **Version:** `1.22.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**8** **Group:** `io.opentelemetry` **Name:** `opentelemetry-api-logs` **Version:** `1.21.0-alpha`
+**8** **Group:** `io.opentelemetry` **Name:** `opentelemetry-api-logs` **Version:** `1.22.0-alpha`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**9** **Group:** `io.opentelemetry` **Name:** `opentelemetry-context` **Version:** `1.21.0`
+**9** **Group:** `io.opentelemetry` **Name:** `opentelemetry-context` **Version:** `1.22.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
 
-**10** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-common` **Version:** `1.21.0`
+**10** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-common` **Version:** `1.22.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**11** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-jaeger` **Version:** `1.21.0`
+**11** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-jaeger` **Version:** `1.22.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**12** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-logging` **Version:** `1.21.0`
+**12** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-logging` **Version:** `1.22.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**13** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-logging-otlp` **Version:** `1.21.0`
+**13** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-logging-otlp` **Version:** `1.22.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**14** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-otlp` **Version:** `1.21.0`
+**14** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-otlp` **Version:** `1.22.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**15** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-otlp-common` **Version:** `1.21.0`
+**15** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-otlp-common` **Version:** `1.22.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**16** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-otlp-logs` **Version:** `1.21.0-alpha`
+**16** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-otlp-logs` **Version:** `1.22.0-alpha`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**17** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-prometheus` **Version:** `1.21.0-alpha`
+**17** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-prometheus` **Version:** `1.22.0-alpha`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**18** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-zipkin` **Version:** `1.21.0`
+**18** **Group:** `io.opentelemetry` **Name:** `opentelemetry-exporter-zipkin` **Version:** `1.22.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**19** **Group:** `io.opentelemetry` **Name:** `opentelemetry-extension-kotlin` **Version:** `1.21.0`
+**19** **Group:** `io.opentelemetry` **Name:** `opentelemetry-extension-kotlin` **Version:** `1.22.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**20** **Group:** `io.opentelemetry` **Name:** `opentelemetry-extension-trace-propagators` **Version:** `1.21.0`
+**20** **Group:** `io.opentelemetry` **Name:** `opentelemetry-extension-trace-propagators` **Version:** `1.22.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**21** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk` **Version:** `1.21.0`
+**21** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk` **Version:** `1.22.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**22** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-common` **Version:** `1.21.0`
+**22** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-common` **Version:** `1.22.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**23** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-extension-autoconfigure` **Version:** `1.21.0-alpha`
+**23** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-extension-autoconfigure` **Version:** `1.22.0-alpha`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**24** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-extension-autoconfigure-spi` **Version:** `1.21.0`
+**24** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-extension-autoconfigure-spi` **Version:** `1.22.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**25** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-extension-incubator` **Version:** `1.21.0-alpha`
+**25** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-extension-incubator` **Version:** `1.22.0-alpha`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**26** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-extension-jaeger-remote-sampler` **Version:** `1.21.0`
+**26** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-extension-jaeger-remote-sampler` **Version:** `1.22.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**27** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-logs` **Version:** `1.21.0-alpha`
+**27** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-logs` **Version:** `1.22.0-alpha`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**28** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-metrics` **Version:** `1.21.0`
+**28** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-metrics` **Version:** `1.22.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**29** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-trace` **Version:** `1.21.0`
+**29** **Group:** `io.opentelemetry` **Name:** `opentelemetry-sdk-trace` **Version:** `1.22.0`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**30** **Group:** `io.opentelemetry` **Name:** `opentelemetry-semconv` **Version:** `1.21.0-alpha`
+**30** **Group:** `io.opentelemetry` **Name:** `opentelemetry-semconv` **Version:** `1.22.0-alpha`
 > - **POM Project URL**: [https://github.com/open-telemetry/opentelemetry-java](https://github.com/open-telemetry/opentelemetry-java)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)