diff --git a/README.md b/README.md
index 5a2d1b6d0..0e853a2e3 100644
--- a/README.md
+++ b/README.md
@@ -8,7 +8,7 @@ This repository contains a framework for developing plugins for the Kubernetes
 [device plugins framework](https://kubernetes.io/docs/concepts/extend-kubernetes/compute-storage-net/device-plugins/),
 along with a number of device plugin implementations utilizing that framework.
 
-The [v0.31 release](https://github.com/intel/intel-device-plugins-for-kubernetes/releases/latest)
+The [v0.31.1 release](https://github.com/intel/intel-device-plugins-for-kubernetes/releases/latest)
 is the latest feature release with its documentation available [here](https://intel.github.io/intel-device-plugins-for-kubernetes/0.31/).
 
 Table of Contents
diff --git a/deployments/operator/samples/deviceplugin_v1_dlbdeviceplugin.yaml b/deployments/operator/samples/deviceplugin_v1_dlbdeviceplugin.yaml
index 589c05304..8ece03983 100644
--- a/deployments/operator/samples/deviceplugin_v1_dlbdeviceplugin.yaml
+++ b/deployments/operator/samples/deviceplugin_v1_dlbdeviceplugin.yaml
@@ -9,8 +9,8 @@ metadata:
   # annotations:
   #   container.apparmor.security.beta.kubernetes.io/intel-dlb-plugin: unconfined
 spec:
-  image: intel/intel-dlb-plugin:0.31.0
-  initImage: intel/intel-dlb-initcontainer:0.31.0
+  image: intel/intel-dlb-plugin:0.31.1
+  initImage: intel/intel-dlb-initcontainer:0.31.1
   logLevel: 4
   nodeSelector:
     intel.feature.node.kubernetes.io/dlb: 'true'
diff --git a/deployments/operator/samples/deviceplugin_v1_dsadeviceplugin.yaml b/deployments/operator/samples/deviceplugin_v1_dsadeviceplugin.yaml
index c43bba864..24b3375f4 100644
--- a/deployments/operator/samples/deviceplugin_v1_dsadeviceplugin.yaml
+++ b/deployments/operator/samples/deviceplugin_v1_dsadeviceplugin.yaml
@@ -3,8 +3,8 @@ kind: DsaDevicePlugin
 metadata:
   name: dsadeviceplugin-sample
 spec:
-  image: intel/intel-dsa-plugin:0.31.0
-  initImage: intel/intel-idxd-config-initcontainer:0.31.0
+  image: intel/intel-dsa-plugin:0.31.1
+  initImage: intel/intel-idxd-config-initcontainer:0.31.1
   sharedDevNum: 10
   logLevel: 4
   nodeSelector:
diff --git a/deployments/operator/samples/deviceplugin_v1_fpgadeviceplugin.yaml b/deployments/operator/samples/deviceplugin_v1_fpgadeviceplugin.yaml
index 55de4b1d3..350a8a9bf 100644
--- a/deployments/operator/samples/deviceplugin_v1_fpgadeviceplugin.yaml
+++ b/deployments/operator/samples/deviceplugin_v1_fpgadeviceplugin.yaml
@@ -3,8 +3,8 @@ kind: FpgaDevicePlugin
 metadata:
   name: fpgadeviceplugin-sample
 spec:
-  image: intel/intel-fpga-plugin:0.31.0
-  initImage: intel/intel-fpga-initcontainer:0.31.0
+  image: intel/intel-fpga-plugin:0.31.1
+  initImage: intel/intel-fpga-initcontainer:0.31.1
   mode: region
   logLevel: 4
   nodeSelector:
diff --git a/deployments/operator/samples/deviceplugin_v1_gpudeviceplugin.yaml b/deployments/operator/samples/deviceplugin_v1_gpudeviceplugin.yaml
index 6a8d6c089..aabbce6f9 100644
--- a/deployments/operator/samples/deviceplugin_v1_gpudeviceplugin.yaml
+++ b/deployments/operator/samples/deviceplugin_v1_gpudeviceplugin.yaml
@@ -3,7 +3,7 @@ kind: GpuDevicePlugin
 metadata:
   name: gpudeviceplugin-sample
 spec:
-  image: intel/intel-gpu-plugin:0.31.0
+  image: intel/intel-gpu-plugin:0.31.1
   sharedDevNum: 10
   logLevel: 4
   enableMonitoring: true
diff --git a/deployments/operator/samples/deviceplugin_v1_iaadeviceplugin.yaml b/deployments/operator/samples/deviceplugin_v1_iaadeviceplugin.yaml
index c6f0bd4fc..4f0aedf49 100644
--- a/deployments/operator/samples/deviceplugin_v1_iaadeviceplugin.yaml
+++ b/deployments/operator/samples/deviceplugin_v1_iaadeviceplugin.yaml
@@ -3,8 +3,8 @@ kind: IaaDevicePlugin
 metadata:
   name: iaadeviceplugin-sample
 spec:
-  image: intel/intel-iaa-plugin:0.31.0
-  initImage: intel/intel-idxd-config-initcontainer:0.31.0
+  image: intel/intel-iaa-plugin:0.31.1
+  initImage: intel/intel-idxd-config-initcontainer:0.31.1
   sharedDevNum: 10
   logLevel: 4
   nodeSelector:
diff --git a/deployments/operator/samples/deviceplugin_v1_qatdeviceplugin.yaml b/deployments/operator/samples/deviceplugin_v1_qatdeviceplugin.yaml
index 82a67c1f1..0959a5b3d 100644
--- a/deployments/operator/samples/deviceplugin_v1_qatdeviceplugin.yaml
+++ b/deployments/operator/samples/deviceplugin_v1_qatdeviceplugin.yaml
@@ -9,8 +9,8 @@ metadata:
   # annotations:
   #   container.apparmor.security.beta.kubernetes.io/intel-qat-plugin: unconfined
 spec:
-  image: intel/intel-qat-plugin:0.31.0
-  initImage: intel/intel-qat-initcontainer:0.31.0
+  image: intel/intel-qat-plugin:0.31.1
+  initImage: intel/intel-qat-initcontainer:0.31.1
   dpdkDriver: vfio-pci
   kernelVfDrivers:
     - 4xxxvf
diff --git a/deployments/operator/samples/deviceplugin_v1_sgxdeviceplugin.yaml b/deployments/operator/samples/deviceplugin_v1_sgxdeviceplugin.yaml
index 6fbdf453d..8870046e1 100644
--- a/deployments/operator/samples/deviceplugin_v1_sgxdeviceplugin.yaml
+++ b/deployments/operator/samples/deviceplugin_v1_sgxdeviceplugin.yaml
@@ -3,7 +3,7 @@ kind: SgxDevicePlugin
 metadata:
   name: sgxdeviceplugin-sample
 spec:
-  image: intel/intel-sgx-plugin:0.31.0
+  image: intel/intel-sgx-plugin:0.31.1
   enclaveLimit: 110
   provisionLimit: 110
   logLevel: 4
diff --git a/pkg/controllers/reconciler.go b/pkg/controllers/reconciler.go
index eee7d7940..1791b9c21 100644
--- a/pkg/controllers/reconciler.go
+++ b/pkg/controllers/reconciler.go
@@ -38,7 +38,7 @@ import (
 )
 
 var (
-	ImageMinVersion = versionutil.MustParseSemantic("0.31.0")
+	ImageMinVersion = versionutil.MustParseSemantic("0.31.1")
 )
 
 const (