diff --git a/packages/rancher-istio/charts/Chart.yaml b/packages/rancher-istio/charts/Chart.yaml
index 6fde1aa74..82a387e1b 100644
--- a/packages/rancher-istio/charts/Chart.yaml
+++ b/packages/rancher-istio/charts/Chart.yaml
@@ -1,8 +1,8 @@
 apiVersion: v1
-appVersion: 1.10.2
+appVersion: 1.10.4
 description: A basic Istio setup that installs with the istioctl. Refer to https://istio.io/latest/ for details.
 name: rancher-istio
-version: 1.10.2
+version: 1.10.4
 icon: https://charts.rancher.io/assets/logos/istio.svg
 keywords:
 - networking
diff --git a/packages/rancher-istio/charts/app-readme.md b/packages/rancher-istio/charts/app-readme.md
index 0e42df083..3e42df443 100644
--- a/packages/rancher-istio/charts/app-readme.md
+++ b/packages/rancher-istio/charts/app-readme.md
@@ -4,6 +4,11 @@ Our [Istio](https://istio.io/) installer wraps the istioctl binary commands in a
 * **[Kiali](https://kiali.io/)**: Used for graphing traffic flow throughout the mesh
 * **[Jaeger](https://www.jaegertracing.io/)**: A quick start, all-in-one installation used for tracing distributed systemm. This is not production qualified, please refer to jaeger documentation to determine which installation you may need instead.
 
+### Known Issues
+
+**Airgapped Environments**
+If you are using this chart in an airgapped environment, you will not be able to upgrade. This is because the `istioctl` upgrade command reaches out to an external repo and it is not configurable. We are tracking the fix for this issue [here](https://github.com/rancher/rancher/issues/33402)
+
 ### Dependencies
 
 **Rancher Monitoring  or other Prometheus installation**
diff --git a/packages/rancher-istio/charts/values.yaml b/packages/rancher-istio/charts/values.yaml
index 93bdc8af4..0db701795 100644
--- a/packages/rancher-istio/charts/values.yaml
+++ b/packages/rancher-istio/charts/values.yaml
@@ -1,11 +1,11 @@
 overlayFile: ""
-tag: 1.10.2
+tag: 1.10.4
 ##Setting forceInstall: true will remove the check for istio version < 1.6.x and will not analyze your install cluster prior to install
 forceInstall: false
 
 installer:
   repository: rancher/istio-installer
-  tag: 1.10.2-rancher1
+  tag: 1.10.4-rancher1
 
 ##Native support for dns added in 1.8
 dns:
@@ -17,7 +17,7 @@ base:
 cni:
   enabled: false
   repository: rancher/mirrored-istio-install-cni
-  tag: 1.10.2
+  tag: 1.10.4
   logLevel: info
   excludeNamespaces:
   - istio-system
@@ -37,7 +37,7 @@ istiodRemote:
 pilot:
   enabled: true
   repository: rancher/mirrored-istio-pilot
-  tag: 1.10.2
+  tag: 1.10.4
 
 telemetry:
   enabled: true
@@ -49,10 +49,10 @@ global:
     systemDefaultRegistry: ""
   proxy:
     repository: rancher/mirrored-istio-proxyv2
-    tag: 1.10.2
+    tag: 1.10.4
   proxy_init:
     repository: rancher/mirrored-istio-proxyv2
-    tag: 1.10.2
+    tag: 1.10.4
   defaultPodDisruptionBudget:
     enabled: true
   rbac:
diff --git a/packages/rancher-istio/package.yaml b/packages/rancher-istio/package.yaml
index 262ba6c5f..d839a451a 100644
--- a/packages/rancher-istio/package.yaml
+++ b/packages/rancher-istio/package.yaml
@@ -1,2 +1,2 @@
 url: local
-version: 100.0.0+up1.10.2
+version: 100.0.0+up1.10.4