The Rails OpenLiteSpeed image automatically installs Linux, performance web server OpenLiteSpeed, Ruby, Rails, Node.js, NPM, and CertBot. OpenLiteSpeed features HTTP/3 support, and easy setup for SSL and RewriteRules. It's flexible enough to host multiple Rails apps, and supports many other apps including Python, Ruby, and CMSs like WordPress.s.

Main Components:
1. OpenLiteSpeed
2. Ruby
3. Rails
4. CertBot