Ebert ruptured his anterior cruciate ligament in the first quarter of the Power's win over Melbourne on Sunday.
The 26-year-old is the fifth player to have pursued the radical surgery, where the synthetic fibre used instead of a traditional ACL graft allows for shortened recovery.
Nick Malceski (Sydney Swans), teammate David Rodan and Brad Fisher (Carlton) have all made successful returns from the surgery, while Josh Drummond (Brisbane Lions) continues his rehabilitation.
Club general manager of football operations Peter Rohde said surgeon Tony Spriggins, who performed Rodan's surgery in December, had found little damage to the rest of Ebert's knee.
"He didn't feel too much pain at the time [of the injury] ... when he got in there, his joint surfaces and other ligaments etc were intact," Rohde told portadelaidefc.com.au.
"It was just a very straightforward LARS surgery."
Like Rodan, Ebert could return to training in five or six weeks' time, though Rohde said a conservative approach would be taken in the lead-up to Christmas.
"Certainly it opens up the opportunity for him to play much earlier in the season," he said.
"He's very positive and has had a lot of support from his teammates. It's very disappointing for him, but he's got some time off now.
"The good thing is you get up and about, and you don't get the other associated detraining effects that you have with a normal reconstruction."
Ebert had enjoyed a solid contribution in an otherwise disappointing season for Port, kicking 30 goals from 20 games.
He comes out of contract at the end of 2011.