The answer is yes... and no.
There are generally two methods to upgrade Control / Analytics appliances and for you I would suggest option 2.
OPTION 1
-- complete the .bin-based upgrade(s)
-- review the release notes for the upgrade matrix table and what steps have to be taken
-- in this case 21.11 -> 23.04.12 -> 24.02.15 -> 25.02.xx ( I would recommend 25.02.12.xx releasing next week)
OPTION 2
-- the Control / Analytics configurations are actually stored on Site Engine
-- complete the upgrade/migration of Site Engine to 25.02.xx
-- deploy a clean / new Control 25.02.xx OVA/Hyper-V. Turn down the original Control VM and run through the install script; give it the same IP address schema as the VM it is going to replace and bring it online.
-- in Site Engine 're-discover' the Control appliance in inventory and via Control -> Engines, re-Enforce the Engine.
