Hello @jose_barrero and welcome to the forums
To link you to this: Balena newcomer - #7 by chrisys
Yes, it should work
Your vendor claims it is compatible with Yocto ( IOT-GATE-iMX8 and SBC-IOT-iMX8 NXP iMX8M-Mini SW Resources - Compulab Mediawiki ) so it should be possible to build a custom balenaOS with it and run it via openbalena