A company runs an application on an Amazon EC2 instance backed by Amazon Elastic Block Store (Amazon EBS). The instance needs to be available for 12 hours daily...

A company runs an application on an Amazon EC2 instance backed by Amazon Elastic Block Store (Amazon EBS). The instance needs to be available for 12 hours daily. The company wants to save costs by making the instance unavailable outside the window required for the application. However, the contents of the instance's memory must be preserved whenever the instance is unavailable.
What should a solutions architect do to meet this requirement?