I need to write text on a curved surface, but the letters must always face a given direction

Wrap cannot be used as it makes the letters face the normal of the surface
Such geometry could not be machined on a 3 axial mill

The height of the deboss must be constant, just as seen on the wrap tool - not high on a point and low on another (as would be the outcome of an extrusion)

Can this be done ?

There's a picture:

A perfectly vertical axis denoting a vertical text on a curved surface