diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5719ef4e..b8f4a030 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,12 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
+## [1.14.1] - 2024-01-19
+
+### Fixed
+- Update Ragger dependency versions (Speculos, LedgerComm, ledgerCTL), so that latest features can
+  leverage recent features
+
 ## [1.14.0] - 2024-01-19
 
 ### Added
diff --git a/setup.cfg b/setup.cfg
index d4cbc2f9..fda4521e 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -55,21 +55,18 @@ doc=
         Jinja2>=3.0
         docutils==0.16  # higher versions trigger build bugs with the RTD theme
 speculos=
-        speculos>=0.2.8
+        speculos>=0.5.0
         mnemonic
 ledgercomm=
-        ledgercomm
-        ledgercomm[hid]
+        ledgercomm>=1.2.1
+        ledgercomm[hid]>=1.2.1
         pyqt5
         pytesseract
 ledgerwallet=
-        ledgerwallet>=0.2.3
+        ledgerwallet>=0.4.0
         pyqt5
         pytesseract
 all_backends=
-        speculos>=0.2.8
-        ledgercomm
-        ledgercomm[hid]
-        ledgerwallet>=0.2.3
-        pyqt5
-        pytesseract
+        ragger[speculos]
+        ragger[ledgercomm]
+        ragger[ledgerwallet]
diff --git a/src/ragger/backend/physical_backend.py b/src/ragger/backend/physical_backend.py
index a1972bfd..3255875f 100644
--- a/src/ragger/backend/physical_backend.py
+++ b/src/ragger/backend/physical_backend.py
@@ -15,6 +15,7 @@
 """
 from pathlib import Path
 from PIL import Image, ImageOps
+from pytesseract import image_to_data, Output
 from types import TracebackType
 from typing import List, Optional, Type
 
@@ -24,16 +25,6 @@
 from ragger.utils import Crop
 from .interface import BackendInterface
 
-try:
-    from pytesseract import image_to_data, Output
-
-    TESSERACT_AVAILABLE = True
-except ImportError as e:
-    if "pytesseract" not in str(e):
-        raise e
-
-    TESSERACT_AVAILABLE = False
-
 
 class PhysicalBackend(BackendInterface):
 
@@ -107,8 +98,6 @@ def compare_screen_with_text(self, text: str) -> bool:
             return True
         self.init_gui()
         if self._last_valid_snap_path:
-            if not TESSERACT_AVAILABLE:
-                raise ImportError("Missing pytesseract module for this usage")
             image = Image.open(self._last_valid_snap_path)
             # Nano (s,sp,x) snapshots are white/blue text on black background,
             # tesseract cannot do OCR on these. Invert image so it has
diff --git a/tests/functional/test_boilerplate.py b/tests/functional/test_boilerplate.py
index c1643808..9651e059 100644
--- a/tests/functional/test_boilerplate.py
+++ b/tests/functional/test_boilerplate.py
@@ -115,7 +115,7 @@ def test_waiting_screen(backend, firmware, navigator):
                 NavInsID.USE_CASE_REVIEW_CONFIRM,
                 NavIns(NavInsID.WAIT_FOR_TEXT_ON_SCREEN, ("WILL NOT BE FOUND", ))
             ], "Hold to sign", ROOT_SCREENSHOT_PATH, "waiting_screen")
-            assert "Timeout waiting for screen change" in str(error.exception)
+    assert "Timeout waiting for screen change" in str(error.value)
 
     # Verify the error flow of WAIT_FOR_TEXT_ON_SCREEN instruction
     backend.exchange_raw(prep_tx_apdu)
@@ -125,4 +125,4 @@ def test_waiting_screen(backend, firmware, navigator):
                 NavInsID.USE_CASE_REVIEW_CONFIRM,
                 NavIns(NavInsID.WAIT_FOR_TEXT_NOT_ON_SCREEN, ("T", ))
             ], "Hold to sign", ROOT_SCREENSHOT_PATH, "waiting_screen")
-            assert "Timeout waiting for screen change" in str(error.exception)
+    assert "Timeout waiting for screen change" in str(error.value)