diff --git a/CHANGES.md b/CHANGES.md
index 87d15d87..e711377e 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,5 +1,9 @@
 # Change history for the Godot OpenXR loaders asset
 
+## 1.1.0
+- Update Meta OpenXR loader to version 54
+- Bump dependencies versions to match the latest Godot 4.x stable version (v4.0.3)
+
 ## 1.0.0
 - First version
 - Added support for Meta Quest loader
diff --git a/config.gradle b/config.gradle
index 4d3abc11..6affc228 100644
--- a/config.gradle
+++ b/config.gradle
@@ -1,18 +1,18 @@
 ext {
     versions = [
             gradlePluginVersion: '7.2.1',
-            compileSdk         : 31,
-            minSdk             : 19,
-            targetSdk          : 31,
-            godotLibVersion       : '4.0.0.stable',
+            compileSdk         : 33,
+            minSdk             : 21,
+            targetSdk          : 33,
+            godotLibVersion       : '4.0.3.stable',
             javaVersion           : JavaVersion.VERSION_11,
-            nexusPublishVersion   : '1.1.0'
+            nexusPublishVersion   : '1.3.0'
     ]
 }
 
 // Parse the release version from the gradle project properties (e.g: -Prelease_version=<version>)
 ext.getReleaseVersion = { ->
-    final String defaultVersion = "1.0.0-SNAPSHOT"
+    final String defaultVersion = "1.1.0-SNAPSHOT"
 
     String releaseVersion = project.hasProperty("release_version") ? project.property("release_version") : defaultVersion
     if (releaseVersion == null || releaseVersion.isEmpty()) {
diff --git a/godotopenxrmeta/src/main/jniLibs/arm64-v8a/README.md b/godotopenxrmeta/src/main/jniLibs/arm64-v8a/README.md
new file mode 100644
index 00000000..904e0c62
--- /dev/null
+++ b/godotopenxrmeta/src/main/jniLibs/arm64-v8a/README.md
@@ -0,0 +1 @@
+Version 54 of the Meta OpenXR Mobile SDK from https://developer.oculus.com/downloads/package/oculus-openxr-mobile-sdk/54.0
diff --git a/godotopenxrmeta/src/main/jniLibs/arm64-v8a/libopenxr_loader.so b/godotopenxrmeta/src/main/jniLibs/arm64-v8a/libopenxr_loader.so
old mode 100644
new mode 100755
index 4c76ad4c..6bc79cb2
Binary files a/godotopenxrmeta/src/main/jniLibs/arm64-v8a/libopenxr_loader.so and b/godotopenxrmeta/src/main/jniLibs/arm64-v8a/libopenxr_loader.so differ