diff --git a/recipes-ti/mpm-transport/mpm-transport_git.bb b/recipes-ti/mpm-transport/mpm-transport_git.bb
index beb744c1..473de20a 100644
--- a/recipes-ti/mpm-transport/mpm-transport_git.bb
+++ b/recipes-ti/mpm-transport/mpm-transport_git.bb
@@ -16,10 +16,10 @@ SRC_URI = "git://git.ti.com/keystone-linux/mpm-transport.git;protocol=git;branch
 
 BRANCH = "master"
 # This commit corresponds to tag DEV.MPM-TRANSPORT-02.00.00.01
-SRCREV = "7220df9263a57629a564afb3f99f6f7fb33e40d6"
+SRCREV = "489b669540c5545125ab5d9f3f2cdb5ec5fc09dd"
 
 PV = "2.0.0.1"
-PR = "r0"
+PR = "r1"
 
 EXTRA_OEMAKE = "PDK_INSTALL_PATH=${STAGING_INCDIR}"
 EXTRA_OEMAKE_append_k2hk-evm += "HYPLNK_TRANSPORT=true SRIO_TRANSPORT=true"