diff --git a/west.yml b/west.yml
index a0588f7e74bc..6ccae13f46c2 100644
--- a/west.yml
+++ b/west.yml
@@ -149,7 +149,7 @@ manifest:
     - name: nrfxlib
       repo-path: sdk-nrfxlib
       path: nrfxlib
-      revision: 91c9740303ecd365543b17888b1148237f6b4b1a
+      revision: 11a7add841663509a20b51c0e208ad8091fe1132
     - name: trusted-firmware-m
       repo-path: sdk-trusted-firmware-m
       path: modules/tee/tf-m/trusted-firmware-m
@@ -195,7 +195,7 @@ manifest:
       # Only for internal Nordic development
       repo-path: dragoon.git
       remote: dragoon
-      revision: 2ca0dec9beaa0cc5c743f619d724be7445de86fe
+      revision: 4940e2c06be50db3baa6485e49a6953d6535b67c
       submodules: true
       groups:
         - dragoon