diff --git a/ironic/Chart.yaml b/ironic/Chart.yaml
index 686df1759b..e64c294993 100644
--- a/ironic/Chart.yaml
+++ b/ironic/Chart.yaml
@@ -14,7 +14,7 @@ apiVersion: v1
 appVersion: v1.0.0
 description: OpenStack-Helm Ironic
 name: ironic
-version: 0.2.3
+version: 0.2.4
 home: https://docs.openstack.org/ironic/latest/
 icon: https://www.openstack.org/themes/openstack/images/project-mascots/Ironic/OpenStack_Project_Ironic_vertical.png
 sources:
diff --git a/ironic/values.yaml b/ironic/values.yaml
index 0112a80ac6..ec3d0230c9 100644
--- a/ironic/values.yaml
+++ b/ironic/values.yaml
@@ -31,22 +31,22 @@ labels:
 
 images:
   tags:
-    ironic_manage_cleaning_network: docker.io/openstackhelm/heat:ocata-ubuntu_xenial
-    ironic_retrive_cleaning_network: docker.io/openstackhelm/heat:ocata-ubuntu_xenial
-    ironic_retrive_swift_config: docker.io/openstackhelm/heat:ocata-ubuntu_xenial
+    ironic_manage_cleaning_network: docker.io/openstackhelm/heat:wallaby-ubuntu_focal
+    ironic_retrive_cleaning_network: docker.io/openstackhelm/heat:wallaby-ubuntu_focal
+    ironic_retrive_swift_config: docker.io/openstackhelm/heat:wallaby-ubuntu_focal
     # Bootstrap image requires curl
-    bootstrap: docker.io/openstackhelm/heat:ocata-ubuntu_xenial
-    db_drop: docker.io/openstackhelm/heat:ocata-ubuntu_xenial
-    db_init: docker.io/openstackhelm/heat:ocata-ubuntu_xenial
-    ironic_db_sync: docker.io/openstackhelm/ironic:ocata-ubuntu_xenial
-    ks_user: docker.io/openstackhelm/heat:ocata-ubuntu_xenial
-    ks_service: docker.io/openstackhelm/heat:ocata-ubuntu_xenial
-    ks_endpoints: docker.io/openstackhelm/heat:ocata-ubuntu_xenial
+    bootstrap: docker.io/openstackhelm/heat:wallaby-ubuntu_focal
+    db_drop: docker.io/openstackhelm/heat:wallaby-ubuntu_focal
+    db_init: docker.io/openstackhelm/heat:wallaby-ubuntu_focal
+    ironic_db_sync: docker.io/openstackhelm/ironic:wallaby-ubuntu_focal
+    ks_user: docker.io/openstackhelm/heat:wallaby-ubuntu_focal
+    ks_service: docker.io/openstackhelm/heat:wallaby-ubuntu_focal
+    ks_endpoints: docker.io/openstackhelm/heat:wallaby-ubuntu_focal
     rabbit_init: docker.io/rabbitmq:3.7-management
-    ironic_api: docker.io/openstackhelm/ironic:ocata-ubuntu_xenial
-    ironic_conductor: docker.io/openstackhelm/ironic:ocata-ubuntu_xenial
-    ironic_pxe: docker.io/openstackhelm/ironic:ocata-ubuntu_xenial
-    ironic_pxe_init: docker.io/openstackhelm/ironic:ocata-ubuntu_xenial
+    ironic_api: docker.io/openstackhelm/ironic:wallaby-ubuntu_focal
+    ironic_conductor: docker.io/openstackhelm/ironic:wallaby-ubuntu_focal
+    ironic_pxe: docker.io/openstackhelm/ironic:wallaby-ubuntu_focal
+    ironic_pxe_init: docker.io/openstackhelm/ironic:wallaby-ubuntu_focal
     ironic_pxe_http: docker.io/nginx:1.13.3
     dep_check: quay.io/airshipit/kubernetes-entrypoint:v1.0.0
     image_repo_sync: docker.io/docker:17.07.0
@@ -232,11 +232,11 @@ bootstrap:
     source_base: http://tarballs.openstack.org/ironic-python-agent/tinyipa/files
     structured:
       ironic-agent.initramfs:
-        source: tinyipa-stable-ocata.gz
+        source: tinyipa-stable-wallaby.gz
         disk_format: ari
         container_format: ari
       ironic-agent.kernel:
-        source: tinyipa-stable-ocata.vmlinuz
+        source: tinyipa-stable-wallaby.vmlinuz
         disk_format: aki
         container_format: aki
   network:
diff --git a/releasenotes/notes/ironic.yaml b/releasenotes/notes/ironic.yaml
index 6a8d1a709a..bbb32cefce 100644
--- a/releasenotes/notes/ironic.yaml
+++ b/releasenotes/notes/ironic.yaml
@@ -7,4 +7,5 @@ ironic:
   - 0.2.1 Use policies in yaml format
   - 0.2.2 Update htk requirements repo
   - 0.2.3 Enable taint toleration for Openstack services
+  - 0.2.4 Update defaults to W release
 ...