diff --git a/Gemfile.lock b/Gemfile.lock
index 4b2247b754aba8..8ef8101e276a32 100644
--- a/Gemfile.lock
+++ b/Gemfile.lock
@@ -1,9 +1,11 @@
 GEM
   remote: https://rubygems.org/
   specs:
-    CFPropertyList (3.0.6)
+    CFPropertyList (3.0.7)
+      base64
+      nkf
       rexml
-    activesupport (7.0.8)
+    activesupport (7.0.8.1)
       concurrent-ruby (~> 1.0, >= 1.0.2)
       i18n (>= 1.6, < 2)
       minitest (>= 5.1)
@@ -14,11 +16,12 @@ GEM
       httpclient (~> 2.8, >= 2.8.3)
       json (>= 1.5.1)
     atomos (0.1.3)
+    base64 (0.2.0)
     claide (1.1.0)
-    cocoapods (1.15.0)
+    cocoapods (1.15.2)
       addressable (~> 2.8)
       claide (>= 1.0.2, < 2.0)
-      cocoapods-core (= 1.15.0)
+      cocoapods-core (= 1.15.2)
       cocoapods-deintegrate (>= 1.0.3, < 2.0)
       cocoapods-downloader (>= 2.1, < 3.0)
       cocoapods-plugins (>= 1.0.0, < 2.0)
@@ -33,7 +36,7 @@ GEM
       nap (~> 1.0)
       ruby-macho (>= 2.3.0, < 3.0)
       xcodeproj (>= 1.23.0, < 2.0)
-    cocoapods-core (1.15.0)
+    cocoapods-core (1.15.2)
       activesupport (>= 5.0, < 8)
       addressable (~> 2.8)
       algoliasearch (~> 1.0)
@@ -65,11 +68,12 @@ GEM
     i18n (1.14.1)
       concurrent-ruby (~> 1.0)
     json (2.7.1)
-    minitest (5.21.2)
+    minitest (5.22.2)
     molinillo (0.8.0)
     nanaimo (0.3.0)
     nap (1.1.0)
     netrc (0.11.0)
+    nkf (0.2.0)
     public_suffix (4.0.7)
     rexml (3.2.6)
     ruby-macho (2.5.1)
diff --git a/Libraries/Core/ReactNativeVersion.js b/Libraries/Core/ReactNativeVersion.js
index ef3443ea83390f..b2d6230b5c8a3a 100644
--- a/Libraries/Core/ReactNativeVersion.js
+++ b/Libraries/Core/ReactNativeVersion.js
@@ -12,6 +12,6 @@
 exports.version = {
   major: 0,
   minor: 71,
-  patch: 16,
+  patch: 17,
   prerelease: null,
 };
diff --git a/React/Base/RCTVersion.m b/React/Base/RCTVersion.m
index a26cd863b283ca..441764a716d9e6 100644
--- a/React/Base/RCTVersion.m
+++ b/React/Base/RCTVersion.m
@@ -23,7 +23,7 @@
     __rnVersion = @{
                   RCTVersionMajor: @(0),
                   RCTVersionMinor: @(71),
-                  RCTVersionPatch: @(16),
+                  RCTVersionPatch: @(17),
                   RCTVersionPrerelease: [NSNull null],
                   };
   });
diff --git a/ReactAndroid/gradle.properties b/ReactAndroid/gradle.properties
index c586989d5648f6..f8dc833231176c 100644
--- a/ReactAndroid/gradle.properties
+++ b/ReactAndroid/gradle.properties
@@ -1,4 +1,4 @@
-VERSION_NAME=0.71.16
+VERSION_NAME=0.71.17
 GROUP=com.facebook.react
 
 # JVM Versions
diff --git a/ReactAndroid/src/main/java/com/facebook/react/modules/systeminfo/ReactNativeVersion.java b/ReactAndroid/src/main/java/com/facebook/react/modules/systeminfo/ReactNativeVersion.java
index 3a1b726f8db225..4312ecb9df666a 100644
--- a/ReactAndroid/src/main/java/com/facebook/react/modules/systeminfo/ReactNativeVersion.java
+++ b/ReactAndroid/src/main/java/com/facebook/react/modules/systeminfo/ReactNativeVersion.java
@@ -17,6 +17,6 @@ public class ReactNativeVersion {
   public static final Map<String, Object> VERSION = MapBuilder.<String, Object>of(
       "major", 0,
       "minor", 71,
-      "patch", 16,
+      "patch", 17,
       "prerelease", null);
 }
diff --git a/ReactCommon/cxxreact/ReactNativeVersion.h b/ReactCommon/cxxreact/ReactNativeVersion.h
index 9103c36687e3e6..348e0165c9dc7f 100644
--- a/ReactCommon/cxxreact/ReactNativeVersion.h
+++ b/ReactCommon/cxxreact/ReactNativeVersion.h
@@ -17,7 +17,7 @@ namespace facebook::react {
 constexpr struct {
   int32_t Major = 0;
   int32_t Minor = 71;
-  int32_t Patch = 16;
+  int32_t Patch = 17;
   std::string_view Prerelease = "";
 } ReactNativeVersion;
 
diff --git a/package.json b/package.json
index 86f1bbaa1fd09b..52ee9519be2570 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "react-native",
-  "version": "0.71.16",
+  "version": "0.71.17",
   "bin": "./cli.js",
   "description": "A framework for building native apps using React",
   "license": "MIT",
diff --git a/template/package.json b/template/package.json
index 9ae43d286feec6..2f01b0d17a3a85 100644
--- a/template/package.json
+++ b/template/package.json
@@ -11,7 +11,7 @@
   },
   "dependencies": {
     "react": "18.2.0",
-    "react-native": "0.71.16"
+    "react-native": "0.71.17"
   },
   "devDependencies": {
     "@babel/core": "^7.20.0",