I was able to successfully create an AMI (Amazon Mirror Image) of the Laravel server that I just created. I launched it and it worked perfectly. Creating an image from a running instance is quite easy. Just go the EC2 Dashboard. Select Instances and choose the Instance you want to clone. Go to Actions and select Create Image. It takes several minutes to create an image. Once the AMI is created, you can launch another instance using the AMI that you just created. It took close to 3-5 minutes before the server was able to serve Laravel page that was recently installed. In the future, if I want to launch a clean Laravel install, I can just launch an instance based on the AMI I just created.