diff --git a/platform/mellanox/fw.mk b/platform/mellanox/fw.mk
index 8293b38cd5f..e2ccc2ad7dc 100644
--- a/platform/mellanox/fw.mk
+++ b/platform/mellanox/fw.mk
@@ -27,17 +27,17 @@ else
 FW_FROM_URL = n
 endif
 
-MLNX_SPC_FW_VERSION = 13.2010.1218
+MLNX_SPC_FW_VERSION = 13.2010.1500
 MLNX_SPC_FW_FILE = fw-SPC-rel-$(subst .,_,$(MLNX_SPC_FW_VERSION))-EVB.mfa
 $(MLNX_SPC_FW_FILE)_PATH = $(MLNX_FW_BASE_PATH)
 $(MLNX_SPC_FW_FILE)_URL = $(MLNX_FW_BASE_URL)/$(MLNX_SPC_FW_FILE)
 
-MLNX_SPC2_FW_VERSION = 29.2010.1218
+MLNX_SPC2_FW_VERSION = 29.2010.1500
 MLNX_SPC2_FW_FILE = fw-SPC2-rel-$(subst .,_,$(MLNX_SPC2_FW_VERSION))-EVB.mfa
 $(MLNX_SPC2_FW_FILE)_PATH = $(MLNX_FW_BASE_PATH)
 $(MLNX_SPC2_FW_FILE)_URL = $(MLNX_FW_BASE_URL)/$(MLNX_SPC2_FW_FILE)
 
-MLNX_SPC3_FW_VERSION = 30.2010.1218
+MLNX_SPC3_FW_VERSION = 30.2010.1500
 MLNX_SPC3_FW_FILE = fw-SPC3-rel-$(subst .,_,$(MLNX_SPC3_FW_VERSION))-EVB.mfa
 $(MLNX_SPC3_FW_FILE)_PATH = $(MLNX_FW_BASE_PATH)
 $(MLNX_SPC3_FW_FILE)_URL = $(MLNX_FW_BASE_URL)/$(MLNX_SPC3_FW_FILE)
diff --git a/platform/mellanox/mlnx-sai.mk b/platform/mellanox/mlnx-sai.mk
index c8a394e1f35..d49a832aff9 100644
--- a/platform/mellanox/mlnx-sai.mk
+++ b/platform/mellanox/mlnx-sai.mk
@@ -1,6 +1,6 @@
 # Mellanox SAI
 
-MLNX_SAI_VERSION = SAIRel1.20.2.5
+MLNX_SAI_VERSION = SAIRel1.21.1.1
 
 export MLNX_SAI_VERSION
 
diff --git a/platform/mellanox/mlnx-sai/SAI-Implementation b/platform/mellanox/mlnx-sai/SAI-Implementation
index 0f9cf1d3910..a01442acd95 160000
--- a/platform/mellanox/mlnx-sai/SAI-Implementation
+++ b/platform/mellanox/mlnx-sai/SAI-Implementation
@@ -1 +1 @@
-Subproject commit 0f9cf1d39107f2d8f78c4b2807aa4e32862cca68
+Subproject commit a01442acd95e3a4f78a8e4b04b227fcbe905771e
diff --git a/platform/mellanox/sdk-src/sx-kernel/Switch-SDK-drivers b/platform/mellanox/sdk-src/sx-kernel/Switch-SDK-drivers
index 37475d91930..a0416e20a2b 160000
--- a/platform/mellanox/sdk-src/sx-kernel/Switch-SDK-drivers
+++ b/platform/mellanox/sdk-src/sx-kernel/Switch-SDK-drivers
@@ -1 +1 @@
-Subproject commit 37475d91930e3aae3490a4423da280a5cae72407
+Subproject commit a0416e20a2b9b304cb2c9b629c071f76db0ca2aa
diff --git a/platform/mellanox/sdk.mk b/platform/mellanox/sdk.mk
index 08051e5ca0c..ba152c95380 100644
--- a/platform/mellanox/sdk.mk
+++ b/platform/mellanox/sdk.mk
@@ -16,7 +16,7 @@
 #
 MLNX_SDK_BASE_PATH = $(PLATFORM_PATH)/sdk-src/sx-kernel/Switch-SDK-drivers/bin/
 MLNX_SDK_PKG_BASE_PATH = $(MLNX_SDK_BASE_PATH)/$(BLDENV)/
-MLNX_SDK_VERSION = 4.5.1208
+MLNX_SDK_VERSION = 4.5.1500
 MLNX_SDK_ISSU_VERSION = 101
 
 MLNX_SDK_DEB_VERSION = $(subst -,.,$(subst _,.,$(MLNX_SDK_VERSION)))