diff --git a/ElementX.xcodeproj/project.pbxproj b/ElementX.xcodeproj/project.pbxproj
index e6d3d47c0..790154b2d 100644
--- a/ElementX.xcodeproj/project.pbxproj
+++ b/ElementX.xcodeproj/project.pbxproj
@@ -8824,7 +8824,7 @@
 			repositoryURL = "https://github.com/apple/swift-algorithms";
 			requirement = {
 				kind = upToNextMinorVersion;
-				minimumVersion = 1.0.0;
+				minimumVersion = 1.2.1;
 			};
 		};
 		E2F3DA35D462724CCC61DE2C /* XCRemoteSwiftPackageReference "swift-ogg" */ = {
@@ -8872,7 +8872,7 @@
 			repositoryURL = "https://github.com/apple/swift-collections";
 			requirement = {
 				kind = upToNextMinorVersion;
-				minimumVersion = 1.0.0;
+				minimumVersion = 1.2.0;
 			};
 		};
 /* End XCRemoteSwiftPackageReference section */
diff --git a/ElementX.xcodeproj/project.xcworkspace/xcshareddata/swiftpm/Package.resolved b/ElementX.xcodeproj/project.xcworkspace/xcshareddata/swiftpm/Package.resolved
index ee1b69ed9..105a89366 100644
--- a/ElementX.xcodeproj/project.xcworkspace/xcshareddata/swiftpm/Package.resolved
+++ b/ElementX.xcodeproj/project.xcworkspace/xcshareddata/swiftpm/Package.resolved
@@ -212,8 +212,8 @@
       "kind" : "remoteSourceControl",
       "location" : "https://github.com/apple/swift-algorithms",
       "state" : {
-        "revision" : "b14b7f4c528c942f121c8b860b9410b2bf57825e",
-        "version" : "1.0.0"
+        "revision" : "87e50f483c54e6efd60e885f7f5aa946cee68023",
+        "version" : "1.2.1"
       }
     },
     {
@@ -221,8 +221,8 @@
       "kind" : "remoteSourceControl",
       "location" : "https://github.com/apple/swift-collections",
       "state" : {
-        "revision" : "d029d9d39c87bed85b1c50adee7c41795261a192",
-        "version" : "1.0.6"
+        "revision" : "c1805596154bb3a265fd91b8ac0c4433b4348fb0",
+        "version" : "1.2.0"
       }
     },
     {
diff --git a/project.yml b/project.yml
index bfe1d7944..5e9090e50 100644
--- a/project.yml
+++ b/project.yml
@@ -94,10 +94,10 @@ packages:
   # External dependencies
   Algorithms:
     url: https://github.com/apple/swift-algorithms
-    minorVersion: 1.0.0
+    minorVersion: 1.2.1
   Collections:
     url: https://github.com/apple/swift-collections
-    minorVersion: 1.0.0
+    minorVersion: 1.2.0
   DeviceKit:
     url: https://github.com/devicekit/DeviceKit
     minorVersion: 5.5.0