To set up any OS on this SBC, you would need the following hardware components:

• An SD card
• Rated power supply
• Optional case (to avoid electrostatic contact)

In terms of software requirements, assuming you're on your Ubuntu laptop, you would need an open source OS image writer called Etcher. You could download it from this website: https://www.balena.io/etcher/. There is no installation for this software, so once downloaded, extract the file to the necessary location and simply execute the file.