diff --git a/UPSTREAM_PROJECTS.yaml b/UPSTREAM_PROJECTS.yaml
index ce947c5e4c..c2d389254e 100644
--- a/UPSTREAM_PROJECTS.yaml
+++ b/UPSTREAM_PROJECTS.yaml
@@ -299,7 +299,7 @@ projects:
             go_version: "1.23"
       - name: tink
         versions:
-          - tag: v0.10.1
+          - tag: v0.12.1
             go_version: "1.22"
   - org: torvalds
     repos:
diff --git a/projects/tinkerbell/tink/GIT_TAG b/projects/tinkerbell/tink/GIT_TAG
index aedc9ddc39..9ca265d213 100644
--- a/projects/tinkerbell/tink/GIT_TAG
+++ b/projects/tinkerbell/tink/GIT_TAG
@@ -1 +1 @@
-v0.10.1
\ No newline at end of file
+v0.12.1
diff --git a/projects/tinkerbell/tink/README.md b/projects/tinkerbell/tink/README.md
index c17c6d3dce..0c72cb2fa3 100644
--- a/projects/tinkerbell/tink/README.md
+++ b/projects/tinkerbell/tink/README.md
@@ -1,5 +1,5 @@
 ## **Tink**
-![Version](https://img.shields.io/badge/version-v0.10.1-blue)
+![Version](https://img.shields.io/badge/version-v0.12.1-blue)
 ![Build Status](https://codebuild.us-west-2.amazonaws.com/badges?uuid=eyJlbmNyeXB0ZWREYXRhIjoiUmxrMmd4b2N6dk02TDRPVlVXQ1N3aEhsRzAxWFBtZ1Y1VVNXWEtVZlVNS0tkQlZ4MHFuNXJiWld0ZFMvVzVmMzZxWjhKK3FERWdQeEV6RWd6WFZBcGM0PSIsIml2UGFyYW1ldGVyU3BlYyI6ImEvZEhCemJsQXJWZXVmc2kiLCJtYXRlcmlhbFNldFNlcmlhbCI6MX0%3D&branch=main)
 
 [Tink](https://github.com/tinkerbell/tink) consists of the tink-server, tink-controller and tink-worker. The tink-worker and tink-server communicate over gRPC, and are responsible for processing workflows. Tink-controller is Kubernetes controller that is responsible for reconciling Tinkerbell hardwares, templates and workflows. The CLI is the user-interactive piece for creating workflows and their building blocks, templates and hardware data.